July 28, 2011

VendTek announces partnership with UseMyServices to issue prepaid 3V Visa, Ukash vouchers

VANCOUVER--VendTek Systems Inc., a developer and licensor of software for the global prepaid and financial services markets, is pleased to announce that the Company has partnered with UseMyServices, Inc. to distribute 3V Visa prepaid vouchers and Ukash vouchers online through  www.UseMyCard.com.  3V Visa prepaid vouchers are issued by Peoples Trust pursuant to a license by Visa.

UseMyCard.com will offer consumers an ever-expanding array of prepaid product offerings that can be instantly purchased using their online bank account from anywhere UseMyServices offers online bank payments.

"The partnership is another example of our ongoing efforts to provide increased access to prepaid products," said   Doug Buchanan, President and Chief Executive Officer of VendTek Systems Inc. "We continue to see that the financial services market is evolving. There are more and more ways to pay for products and services today. We are continuing to offer additional payment options."

Over the past decade, the prepaid market has grown substantially and evolved with increasing complexity. With VendTek's partnership with UseMyServices, the experienced online payment provider company, customers now have a convenient solution to turn money into electronic money directly from their bank account effectively reducing the complexity and allowing new and existing markets to expand beyond the traditional brick-and-mortar cash points.

Today consumers visit UseMyCard.com's secure online website to purchase 3V Visa prepaid vouchers and Ukash vouchers directly with their online bank account and receive their voucher by email. These vouchers can then be used to shop and pay for online purchases through a completely safe and convenient online electronic transaction.

"We are pleased to be working with VendTek and look forward to further accelerating the growth of the prepaid market online," said   Brian Crozier, Global Business Development, UseMyServices.



Home | Magazine | Market | Company | eNewsletter | News |Advertising | Subscriptions | Contact Us | Site Map

All material © Lloydmedia, Inc.
302-137 Main Street North
Markham, ON L3P 1Y2
905-201-6600 / 1-800-668-1838