SmartCard Marketing Systems Inc (SMKG:OTC) Signs Agreement with VMoney.com of the Philippines to Integrate Platform

03 Feb, 2016, 13:45 ET from SmartCard Marketing Systems Inc (SMKG)

NEW YORK, Feb. 3, 2016 /PRNewswire/ - SmartCard Marketing Systems Inc (OTC: SMKG) announced today an agreement that will align the VMoney.com platform and services to be certified with CT Payment Inc and broaden the reach into the POS Network & drive the VMoney solution to merchants in North America creating an opportunity for Filipino OFW (Overseas Filipino Workers) for SME to access a pre-certified channel of acquirers and processors globally. This strategy put forward for Point of Sale will increase transaction processing traffic from foreigners working & traveling in North America.

CEO Massimo Barone stated "We are very excited to work with VMoney as we appreciate their existing success of their business model in Asia & the strategy to grow in North America. Our platform wlll allow them to access and work directly on the rails of acquirers or processors on one agnostic environment furthering our pursuit engaging acquirer networks. As our clients and partners grow it is important that our product channel grows impressing on solutions available to Banks, Telecom & Global Enterprise."

Ralph Santos Founder & CEO of Vmoney Stated "Making Vmoney a global player is something that's always been part of our roadmap and we're excited that this journey can be expedited through our partnership with SmartCard. We want to make our technology and solutions accessible to everyone through their payment infrastructure, in all corners of the world. This partnership allows us to immediately tap into Canada's POS networks, allowing consumers and businesses to experience a holistic and highly capable payment system that is simple, secure, and all-encompassing."

About VMoney.com

VMoney, Inc. (VMI) is a global financial technology company that develops, operates, and markets leading payment processing solutions. The company's innovative solutions provide a financial transaction platform that enables businesses and consumers to instantly access, send, or receive money easily, reliably, and securely. Its business solutions include online payments, point-of-sale solutions, funds disbursement, tap payments, and loyalty and rewards. For more information, go to www.vmoney.com

About SmartCard Marketing Systems, Inc.

SmartCard Marketing, Inc. (SMKG:OTC) is a financial technology solutions provider to the global payments industry, delivering a cloud-based EMV Host platform to banks, telecoms and enterprise customers. In addition, it offers proprietary transaction software solutions and services, Genorocity, a coupon and incentive management platform, Check21SAAS a Remote Check Deposit solution for X9 clearing and VelocityMWallet, a payment ecosystem for alternative payment solutions. For more information, go to www.smartcardmarketingsystems.com

About CT Payment Inc.

CT-Payment  has been setting the pace in electronic POS transaction since 2002. It is North American leader in EMV compliant payment services and is Canada's largest debit- and credit-card processing company to be fully independent of Canadian financial institutions and acquirers. As a member of Interac® and a debit acquirer, CT-Payment delivers integrated debit authorization and settlement services on behalf of its customers and business partners. As an experienced multi-acquirer service provider, CT-Payment offers transaction processing for point-of-sale debit and credit terminals, customized web-payment integration solutions, and the management of loyalty programs. CT-Payment further specializes in the development of platforms for emergent technology in the Global payment-processing ecosystem. It fully complies with PCI international security standards. To find out more: www.ct-payment.com

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SOURCE SmartCard Marketing Systems Inc (SMKG)



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