TechWeb

SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Announces its Licensed Partner Soluspay Receives Exclusive Distribution Rights for Fenerbahce Sports Club Prepaid Card Program in Europe & US

Nov 16, 2012 (09:11 AM EST)
URL: http://www.techweb.com/show-press-release/X934115/smartcard-marketing-systems-inc-pinksheets-smkg-announces-its-licensed-partner-soluspay-receives-exclusive-distribution-rights-for-fenerbahce-sports-club-prepaid-card-program-in-europe-us.html

SAN ANTONIO, TX, Nov. 16, 2012 /PRNewswire/ - Smartcard Marketing Systems announced today the expansion of the agreement between its Turkish distributor Soluspay and Fenerbahce Sports Club of Istanbul.  In a new agreement Fenerbahce gave Soluspay the exclusive right to produce and distribute its co-branded prepaid debit card for Europe and the United States markets.

The sports club has an enthusiastic fan base in Europe of 2 million fans in Germany alone and another 1.5 million fans in the United States.  Each will have its own card program.  The prepaid card will include the ability to perform card-to-card transfers, which will be of particular interest to Turkish fans living and working abroad who want to send money back to Turkey.  Combining enhanced financial services, like a virtual wallet, with popular loyalty benefits mark the Fenerbahce program as the leading edge in club benefit programs.

The project will combine Smartcard's virtual wallet platform, with a prepaid debit card platform to provide innovative financial and membership services for use both online and offline in traditional POS transactions.

About SmartCard Marketing Systems Inc.

The company is leading the way with its proprietary payment gateway services to small and medium size merchants in the online money remittance and prepaid debit card market.

About Velocitymoney™

Velocitymoney™ enables merchants the integrated management of their Client Profiles, ACH, EFT, Bill Pay, Email Pay, and Credit Card processing services from various financial institutions and processors worldwide combined.

We seek safe harbor.

SOURCE Smart Card Marketing Systems Inc (SMKG)