SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) Signs Partnership Agreement With Aerapay Enabling Secure Cash Payments On Velocitymoney(R) Platform
SAN ANTONIO, TX, Nov. 29, 2012 /PRNewswire/ – Announced today that
“Aerapay Pty. Ltd. (ASIAPAC) and Smart Card Marketing Systems Inc.
(PINKSHEETS:SMKG) have entered into a business partnership for
extending the global reach of the Velocity Money platform and enabling
a combination of best of payment solutions to merchants and consumers
The business partnership is initially being deployed in the USA, Canada,
Turkey as well as the surrounding regions. The partnership enables
secure top-ups and remittance transactions for end users on any GSM
mobile including; smart, feature and dumb phones. The mobile payments
platform also permits cross border transactions in the surrounding
Turkish region which provides significant value for the end user, in
the regions with limited access to public and social services. It
provides a quick, inexpensive method for the securing of cash payments
in a region that has increasingly become unstable and cash has become a
risky transaction medium.
“There is significant value in the digitalization of cash in this market
and the implementation of Aerapay’s technology will be a fundamental
payment solution for consumers.” stated company President, Bruce
Baillio of SmartCard Marketing Systems Inc.
“Aerapay(TM) provides a secure means for non-bank payments using any GSM
phone in emerging markets we look forward to servicing the people of
Turkey and the surrounding region” stated by Frank Georgoulas, CEO
Aerapay Pty Ltd
Aerapay(TM) was formed in 2005, the company developed the software
technology platform, supported its global patent pending
technology. Aerapay’s technology was rolled out in April 2010,
targeting emerging economies.
-- Aerapay(TM) is a breakthrough, turning your media into a store. Consumers respond to your ad (print or digital) via their mobiles instantly placing money in your bank account. -- Aerapay(TM) works on any mobile phone. -- Aerapay(TM) is a mobile payments application that processes payments directly from any end users mobile, directly into your bank account withoutthe use of intermediary banks.
About SmartCard Marketing Systems Inc.
The company is leading the way with its proprietary Velocitymoney(TM)
payment gateway services to small and medium size merchants in the
online money remittance and prepaid debit card market.
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
We Seek Safe Harbor
SOURCE Smart Card Marketing Systems Inc (SMKG)