SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Velocitymoney.com Transactions Surge to Over 1000 for This Past Weekend

Published October 28, 2008, 1:00 a.m. EDT

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Updated October 28, 2008, 12:00 a.m. EDT

1 Min Read

SAN ANTONIO, TEXAS, October 28 / MARKET WIRE/ --

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Smartcard Marketing Systems Inc.(PINKSHEETS: SMKG) announced today that their Velocitymoney.com payment service for consumers and merchants surpassed 1000 transactions for this past weekend a substantial increase from the 200 daily average. This is a significant milestone for the company as demand continues to fuel the company's growth and increase revenues generated by transactions.

(PINKSHEETS: SMKG) CEO Massimo Barone said, "The Payment Industry Merchants are in search of solutions that can meet their specific demands and manage member networks seamlessly. This type of business is important to us as it creates access to large groups of consumers and continues strong growth for the company."

www.Velocitymoney.com

Management is determined to become the leader in Online Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a secure funds transfer platform with multi-currency settlement capabilities worldwide."

We seek safe harbor.

Contacts:

SmartCard Marketing Systems Inc.

Max Barone

CEO

1-866-774-2555

Maxbarone@gosmartcard.com

www.gosmartcard.com

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