As Stated by company CEO Massimo Barone: “We are pleased to announce that we have signed orders for 800 HomeAtm devices in first orders with independent retailers and an additional 900 devices for small businesses for deployment in the next 6 to 9 months.
Our strategy to develop a unique money service loading solution by integrating the HomeATM device for processing of funds directly to the velocitymoney™ site www.velocitymoney.com allows us to compete in a market segment presently led by only a handful of providers but giving us the advantages of direct to account fund transfers for use by the customer to load, transfer or email money to other recipients.
Additionally SmartCard will benefit from a marginal transaction fee for processing transactions of which it also shares with merchants for using the service. Our initial goal is to outfit upto 20% of prepaid clients with the service.
We seek Safe Harbor.
Contacts:
Max Barone, 1-866-774-2555
maxbarone@gosmartcard.com
www.gosmartcard.com
