Business Services Industry
Smart SMS Corp. Launches MP3NY's Mobile Visa Debit Card
Business Wire, April 10, 2007
LOS ANGELES -- Smart SMS Corp. (Pink sheets:STMC), is pleased to announce that MP3NY, the boutique brand engineering firm founded by Kevin Watson, T-Weed on VH-1's I Love New York, is launching mobile banking through Columbia Card Services Mobile Visa Debit Card.
The T-Weed Wireless Visa allows consumers the convenience of wireless banking! The card is designed to be accessible from a cell phone, PDA, computer or landline telephone. It's the premiere mobile bankcard with advanced security features to date!
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T-Weed's Wireless Visa Card intends to give unbanked Americans, small business owners, immigrants, and families the freedom of a bank debit card that can be used in coordination with a current bank account, powered by employment direct deposits or deposits made at Money Gram or Safeway locations. New Wireless Visa customers do not need to have a previous bank account or credit history, only a cell phone and a US address.
"This system creates an opportunity for underprivileged adolescents to have an independent bank account and the ability to make purchases online. It saves the small business owner banking fees by giving them the ability to pay their employees and vendors instantly regardless of location. Cardholders can send money to children in college or relatives in distant locations without the fees. Allowing the unbanked the ability to rent a car, use an ATM, pay their bills over the phone or web, and cash their employment checks without paying exorbitant fees, gives me something to be proud of," T-Weed announces with an air of vindication. "It is important to give people the tools to be successful. If the US Treasury Department's estimates are true, that 70 million Americans lack access to banking services, then this card is right on time."
T-Weed's revolutionary Wireless Visa allows consumers the option to receive instant notifications by text message to their phone on any account transaction in real time. Supplying additional cards to family members or company employees and vendors allows the primary card holder the ability to transfer funds to connected Visa members by text message or computer, avoiding the need to go to a physical location to send or receive money! This FDIC insured card offers the added convenience of an "on" and "off" feature which provides a major security benefit against identity theft, etc.
The card carrier can make purchases or use ATMs with the Star or Visa logos worldwide. The account-to-account transfer feature allows customers to transfer money instantly by phone, by texting the recipient's cell phone or card account number. Cardholders can also receive funds by simply providing their cell phone number to the sender. With an initial $5.95 start up fee and a monthly $2.95 fee, this card can save a frequent check cashing service, money transfer or money order customer hundreds of dollars annually by eliminating check cashing, money transfer, order, and wire fees.
"This is truly the Visa of the future, today," comments T-Weed. "With this exclusive patented technology, I plan to issue at least 10 Million cards over the next year so that eventually every American will feel included in the American dream."
About Columbia Card Systems International LLC:
Columbia Card Systems International LLC., a wholly owned subsidiary of Smart SMS Corp. www.columbiacard.com, is master licenser of the Visa Brand, sponsoring Visa debit card programs for major brands as well as many affinity groups in the United States as well as its own brand Columbia Card. CCSI chartered with West Coast Bank, and processes through the Star and Plus ATM networks. In addition to Visa, CCSI will be offering additional financial services including insurance.
About Smart SMS Corporation:
Smart SMS Corp. (Pink sheets:STMC), www.SmartSMSCorp.com, is a premier mobile entertainment marketing and distribution company that specializes in market branding via text and MMS for television shows, celebrities, musicians, entertainers, athletes, and major brands, as well as fundraising programs. Headquartered in Los Angeles, Calif., Smart SMS Corp. operates the SmartSMS[TM] brand for campaign administration and management in North, Central, and South America. The SmartSMS[TM] platform has been used successfully to launch more than 500 campaigns worldwide. Smart SMS Corp. utilizes the world's most powerful and reliable data distribution networks available today efficiently connecting content providers with mobile clientele the world over.
About MP3NY:
MP3NY creates mobile productions globally on print, broadcast and multi-media platforms to create or enhance its client's brands. Founded by Kevin Watson (aka T-Weed) in 1999 as a boutique brand engineering firm, past and present clients include The Poker Battle, Ed Hardy, Music Match, Arista Records, HBO, and DKNY. MP3NY has experience and partnerships working in the areas of fashion, finance, entertainment, gaming and luxury brand creation and development. MP3NY is currently launching T'mblweed by Kevin Watson, a hybrid line of street wear for men and women in Spring 2007.
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