SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) Announced today Managements Outlook for the 2nd half of 2009. The company continues to see increases in transaction based revenues from its Bill Pay, Pin Debit and Email pay services with peak weekends of 4500 transactions and the week day of 500 on average and card programs gaining momentum.
(PINKSHEETS: SMKG) CEO Massimo Barone said, "We have placed significant importance on growing our transaction based revenues which combined with Prepaid Card activations and services have allowed us to continue our growth in the 1st half of the year. The 2nd half will be significantly more important as we deliver 2 new merchants with existing customers in the tens of thousands.
The current market conditions are making it difficult for many businesses and merchants to continue without credit facilitation and with the decline of merchant type services from important Banks it is creating opportunity for us to build upon and to emerge as a leader when the markets return to their regular course"
We seek safe harbor
Contacts:
Massimo Barone, CEO,
1-866-774-2555
maxbarone@gosmartcard.com
www.gosmartcard.com