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SmartCard Marketing Sys Inc (OTC: SMKG) Completes First Tranche of Investment with Primeline HK Ltd.


News provided by

SmartCard Marketing Systems Inc (SMKG)

Mar 30, 2017, 09:00 ET

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NEW YORK, NY, March 30, 2017 /PRNewswire/ - SmartCard Marketing Systems, Inc. (OTC: SMKG) is pleased to announce the closing of the first tranche of investment for $333K USD with Primeline HK Ltd and owner Chris James Payne. In addition to the Investment Chris will be joining the Board of Directors of the company.

Massimo Barone CEO stated "We are excited about the future outlook of the company and the growth that we have ahead of us. During the past 6 months since we have introduced our Fintech Accelerator offering the response has been great. We are expanding our Board with International expertise and will also be announcing additions to our advisory committee. Chris's expertise, talent and Retail relation's in the Philippines and Hong Kong brings a great network of opportunity to introduce our products and services. We're pleased to have Chris join the company and welcome his knowledge of the Philippines culture and trends."

About Christopher James Payne Director – Primeline HK Ltd.

Chris is the Director of Primeline HK Ltd where he serves as a Project and Operations Manager holds a B.S. in Marketing from Bentley University and is passionate about his undertakings. Collectively, he and his partners possess years of expertise in banking, payment processing, sales and distribution throughout Asia. Through Primeline HK, Chris aims to deliver a robust mobile payment platform that can be delivered globally to empower its client's merchants with a flexible solution supplemented with abundant value added services.

Alongside Chris's involvement in payment, Chris is also the President of Primeline Products Philippines. Primeline Philippines currently operates through the largest department store and mall chains in the Philippines and is home to 9 brands from various industries. Chris's involvement in Primeline Philippines has provided him experience in sales, brand management, business development, product sourcing, freight forwarding and logistics. Chris is constantly active looking for opportunities to cultivate new relationships to bring added value to projects.

About SmartCard Marketing Systems, Inc. (OTC:SMKG)

SmartCard Marketing Systems Inc. (SMKG:OTC) is a Fintech payment accelerator Co & solutions provider to the payments industry, with cloud-based EMV host Acquiring, Issuing & Processing solutions to Banks, Telecoms and Enterprise. The company offers advisory services & offers proprietary software solutions including Genorocity.com, a coupon and incentive platform for the Retail & Events industry, Check21SAAS.com a Remote Deposit Check solution for X9 clearing and VelocityMWallet.com, a transaction payment ecosystem for alternative payment solutions & processing. For more information, go to www.smartcardmarketingsystems.com

We seek safe harbor

SOURCE SmartCard Marketing Systems Inc (SMKG)

Related Links

www.smartcardmarketingsystems.com

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