SAN ANTONIO, TX, Oct. 11 /PRNewswire/ - Smartcard Marketing Systems, Inc. (PINKSHEETS:SMKG) President, Bruce Baillio announced today the signing of a prepaid debit card distribution agreement with an Italian travel agency that specializes in Caribbean, European and US tours. The agency books tours for about 24,000 travellers per year between its business and pleasure tours.
Antonio Bianchi, President of TravelAuto.net stated, "Many of our travellers want a safe, secure and easy-to-use way to carry spending money during their trip. The prepaid debit card is the best way that we have found. Smartcard is providing us not only the card, but the platform needed to manage the program."
CEO Massimo Barone said "We are very pleased to have increased our Prepaid Debit Card programs under contract now by more than 200% from the previous year and the number of potential clients to actively market. We continue to see major growth as Requests For Proposals (RFP) are increasing with more substantial opportunities in progress. What has really changed for us is the capacity to deliver the platform and combination of prepaid debit cards in a cost effective manner which clients have found very affordable. For many clients the Return On Investment (ROI) was a factor which was very important as the upfront costs could be a burden converting clients from other payment method types."
About Travel & Auto Corp.
Travel & Auto Corp. is one of the largest travel and tourism networks of the Caribbean and the Amazon region, grouping dozens of business associates and tour operators with representation worldwide with offices in, the United States, Europe and Venezuela.
About SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG)
The company is leading the way in Prepaid Card Service Program Management, Payment Processing of Online Transactions and Bill Payments in North America and Europe. Velocitymoney.com is the proprietary payment processing platform of SmartCard Marketing Systems Inc., which has an extensive Payment network world-wide for Consumers and Merchants.
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SOURCE Smart Card Marketing Systems Inc (SMKG)