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SmartCard Marketing Systems LLC (OTC: SMKG) Announces Update & New Release of Its Two Platforms For the Banking & Telco Industry

SMKG

MONTREAL, June 4, 2014 /PRNewswire/ - SmartCard Marketing Systems LLC announced today the complete revamping of its Mobile Wallet Solution and the upcoming release of its Coupon Platform creating a powerful Ecosystem engine for payment acquirers. Until recently the company's platforms adhered to an aggregator model for unbanked merchants. This shift in strategy strengthens the company's presence with Banks & Telco Acquirers focused on enabling their merchants with a full suite of payment types for contactless purchases increasing consumer adoption at the retail level improving on "in-store" and "online" purchases using the most popular mobile smart devices.

SMKG:OTC CEO Massimo Barone stated "We see a completely new shift in the banking and telecom industry globally which is focused on a stronger retail presence and playing a key role in partnering with innovative payment platforms that drive consumer based transactions with minimal Capital Expenditure on Infrastructure or implementation. The contactless payment segment is still facing challenges creating more fragmentation rather than an openly adoptable and scalable solution. Our strategy will drive interoperability and scalability allowing the Banks/Telco's to work with merchants offering flexibility and transaction selection type with access to quick and easy activation and implementation resources much needed today."

About SmartCard Marketing Systems LLC (OTC:SMKG)

SmartCard Marketing Systems LLC (OTC:SMKG) develops contactless payment solutions for Banks & Telco Acquirers Globally with retail and ecommerce presence . SmartCard Marketing Systems LLc is creating a new channel of business by "enabling the merchant & engaging the consumer" offering up an Ecosystem solution that solves Interoperability, Security and KYC (know your client) standards.

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SOURCE Smart Card Marketing Systems Inc (SMKG)