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Article: FNDS3000 Corp Announces Update of Market Test Phase of Prepaid Card Roll-Out in South Africa.
- Article from:
- Investment Weekly News
- Article date:
- October 10, 2009
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FNDS3000 Corp (OTC Bulletin Board: FDTC) (Frankfurt: "FT4," A0MWLG), a financial transaction processing services company, currently introducing prepaid card programs to the South African market, announced an update on the preliminary results of the Market Test Phase ("Market Test") of its operations.
John Hancock, CEO, stated "I would like to present a progress report on the current Market Volume Test that is being conducted in support of our launch of prepaid card programs into the South African Market. 41,000 cards have been distributed to corporate clients who are in the process of issuing these cards to cardholders. To date we have not seen significant ...