MONTREAL, June 12, 2014 /PRNewswire/ - SmartCard Marketing Systems LLC
announced today the signing of an MOU with Ekomini Inc and its
president Cam Gentile. The agreement signifies a business relationship
between both companies to develop an integrated product suite including
SmartCard's VelocityMwallet offering and Ekomini's Eko Task software
platform for Banks globally - a technology collaboration.
SMKG:OTC CEO Massimo Barone stated "The combined offering of our
platforms will allow Banks to develop a younger channel of clients
promoting savings and set protocols such as spending limits and tasked
purchases in a retail or online shop leveraging VelocityMwallet's
connectivity and modular (UI's)User Interfaces. It needs to be simple
and seamless for the Banks and their customers to opt in."
Ekomini Inc President Cam Gentile also stated "We are excited to work
with SmartCard Marketing and combining the EkoTask application with
SmartCard's VelocityMwallet which will provide an integrated solution
for Banks eliminating existing complexity deploying and providing an
educational and pleasurable experience for both teen and parent as the
tasks and rewards are realized. The immediate benefit will allow banks
the ability to engage their "merchants" to actively participate as
redemption outlets for the targeted new generation of customers
creating a new stream of revenue."
About Ekomini Inc.
What is Ekomini?
Ekomini is a secure personalized online money management system which
allows families to properly educate their children on monetary
responsibility. Parents set up a family account with the participating
Bank (distribute chores among their children and reward completed tasks
with virtual credits). Teens on the other hand, budget and can convert
their credits into real currency. They are allowed to then spend their
own money and buy any desired items. A smart and enriching way to make
our Youths part of a better money savvy generation. www.ekomini.com
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.
We Seek Safe Harbor
SOURCE Smart Card Marketing Systems Inc (SMKG)