SmartCard Marketing Posts 1,700% Gain

SmartCard Marketing Posts 1,700% Gain

Posted by John B. Frank Monday, February 2, 2009

SmartCard Marketing Systems Inc. Posts 1,700% Gain in Payment Processing Volume in December 2008 Compared to Same Period Last Year

SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG) announced today another record high month in their Prepaid Card loading, PIN Debit (powered by HomeATM) and Bill Payment processing volume for December 2008.

The company saw an increase of 1,700% in Payment processing for December 2008 as compared to same period last year. This volume exceeds the previous record high by 211%, which was posted the month before in November of 2008. This growth trend started mid-2008 when SMKG completed development of its full complement of alternative financial services. The growth is anticipated to continue through 2009 and 2010 as the company grows its transaction volume and active customer base.

(SMKG:PINKSHEETS) President Bruce Baillio said, "Our bill pay, online PIN debit (powered by HomeATM) and card loading volumes are growing exponentially as we get caught up on product deliveries and customer installations. We are in the beginning stages of a major growth curve in both transactions and dollar volumes processed. Not only is the company catching up on backlogged orders, but we are signing new corporate customers every month. In spite of weakness in the overall economy, there is no sign of a slowdown in our business. "

gosmartcard.com

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