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Last updated on April 17, 2014 at 21:23 EDT

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

November 16, 2012

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(TM)

Velocitymoney(TM) 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)


Source: PR Newswire