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MexGroup BankCard Services Signs Global Marketing Agreement With FranTech

08-14-2008 04:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Frantech asia

MexGroup BankCard Services Signs Global Marketing Agreement With FranTech To Market Global Banking Card Licenses into 220 Countries

August 12, 2008 - VENTURA, California, USA and China - MexGroup BankCard Services and PayCardUSA (MBCS) signed an exclusive Global Marketing and Licensing Agreement with Global FranTech Group, FranTechUSA, FranTech Asia, FranTech Indonesia, FranTech India and FranTech Guangdong (FranTech), of Guangzhou, China which grants FranTech the right to market licenses of MexGroup BankCard Services, new LaMoneda card, MEXICO,through the MBCS branch partner licensing programs, with it's " PayCardUSA Portal Real-Time Interbank Settlement and Clearing Systems, MexGroup BankCard Service programs through FranTech's network of agents in 220 countries to governments and enterprises around the world to dramatically improves payment solutions and how SME's trade and manage their transactions in this era of Globalization and Mobile banking market liberalization.

The company explained that the MexGroup BankCard Services.

MexGroup BankCard Real-Time Interbank Settlement System platform (MBCS) a fully integrated multi-currency, automated rules based financial system MBCS PayCardUSA Platform is an Internet-Enabled Intelligent Global Payment System with Transaction Security assistance programs are uniquely suited to meet the needs of emerging growth banks and companies in most countries. MexGroup BankCard new division PayCardUSA Portals is the centralized bankingcards, PayCardUSA.net simplifies the banking community with integrated solutions that work, messaging and securities system offered over the MexGroup BankCard Financial platform to any secure data transport. It deploys a flexible, scalable solution for future growth PayCardUSA.net realizes 100% banking partner connectivity worldwide.

They have been in the business directly and indirectly MexGroup BankCard Services developing solutions and services to facilitate worldwide payments, securities, settlement and "MBCS Global Cash Management" by enabling emerging banks and worldwide growth companies to automatically manage cash, securities, process payments, process securities, and make transfer of the same both domestically and internationally through its new MexGroup BankCard Services branch partner licensing program in 220 countries.

Reed Hancock, President of MexGroup BankCard Services said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements in 220 countries. With more than 35 years of experience, FranTech knows international licensing, bank financial cards, franchising, Investment banking, trade policy, law, marketing, investment banking, and technology research. Its broad expertise, coupled with access to key governmental decision makers, provides services uniquely valuable to MexGroup BankCards overseas."

The worldwide company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to bankers, developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies.

Philip Nadeau, Chairman, CEO of Global FranTech Group, said, "We see a tremendous market worldwide for MexGroup BankCard Banking Platform a fully integrated multi-currency, automated rules based financial debit card system assistance in global payment systems with Internet-Enabled Intelligent programs for emerging countries and companies with it's MexGroup BankCard branch partner licensing program and FranTech already have interest from several countries. We plan on developing brand name recognition and positioning of Mobile Banking Portal of the America's with the MexGroup BankCard with many Chinese and India governmental agencies, central banks, monetary funds and private companies where we already have relationships in place."

About MexGroup BankCard Services and PaycardUSA

New PayDay Card USA to Mexico

Jim Hammer, President of PayCardUSA, noted: "The PayCardUSA and FranTech licensing contract is very synergistic and is designed to bring branch partner licensees for a cost-effective way to expand the company into 220 countries."

Wouldn't it be nice if you looked forward to payday as much as your workers do?

Have you ever stopped to add up all the time and expense your company puts forth just to put paper paychecks into the hands of your employees?

Besides the obvious costs of paper and printing, one has to figure in bank fees and reissue costs associated with lost checks, costs associated with paycheck fraud, time and money lost through the manual distribution process (which can be considerable with remote locations and/or extensive workforces), and even work-time lost through employees leaving work early to cash their checks.

It doesn't have to be this way!

PaycardUSA offers payment solutions that allow you to pay dozens, hundreds or even thousands of employees with a single transaction that takes mere minutes.

With the paperless PaycardUSA MasterCard® Payroll Card program, you can make your payroll process as simple and easy as can be, all the while saving your company money AND providing your employees with a valuable benefit.

The PaycardUSA payroll system truly is the definition of a win-win opportunity!

* The PaycardUSA Prepaid MasterCard® is issued by Palm Desert National Bank pursuant to a license from MasterCard International Incorporated.

MBCS's client-server switch and internet software system automate the trade process of Global BankCards transferring funds, securities, documentary credits, financial messages among corporations, banks, clearing houses, central depositories.

MexGroup branch partners licensing program with Bank financial card Portal platform is a fully integrated multi-currency, automated rule-based payments and securities (GESS) system that operates on Windows, UNIX, and Java client/server technology via MexGroup Bankard Portals of the Americas, Asia, Africa, and Europe.

MexGroup BankCard Portal's platform is a true global mobile phone payment and securities messaging capabilities support automated Liquidity Management, Routing Scheduling, Method of Payment Optimization and straight Through Processing (STP) for: SWIFT, FEDWIRE, DTC, Cross Border, CREST, EUROCLEAR, ACORN, ClearStream, Central Bank RTGS and Net Settlement Trade Payments and Securities.

MexGroup BankCard Portal for PayCards Commerce and MexGroup BankCards is uniquely positioned to revolutionize trade operations address the explosive growth of MexGroup BandCard Services for e-commerce mobile paycard service Platform to be the new leader in financial card transactions processing and access to the global financial networks worldwide needs for The Internet-Enabled Intelligent Global Banking Card System for developing nations economic development with e-commerce as well as the business growth online needs of industrial nations around the world through it's new MexGroup's BankCard branch partner licensing program.

About Partner eCommLink

Next-Generation Card Processing and Marketing Solutions. Today.
eCommLink provides branded, full-service prepaid debit card solutions in a quick-to-market turnkey environment.

Card programs are ideal for organizations of any size, type, or customer base seeking to launch a new card program, enhance an existing one, or integrate a program to streamline current payment processes.
Because the program infrastructure is already in place, any organization can enter the card marketplace rapidly, and at a much lower cost than traditional card programs.

eCommLink provides all essential elements necessary for program success
- marketing and sales support; implementation; account management; customer service; compliance; risk management; and payment processing.

Our advanced payment processing supports card programs for payroll & business expense, teen/family cash management, health care, not-for-profit fundraising, loyalty & reward programs, and more, with mobile capabilities that provide the security and features of a bank account with the convenience and cost savings of a prepaid debit card.

Solutions

General Spending

Gift Cards

Teen / Family

Business Payment Solutions

Travel

Cause-related Fundraisers

Health Care

Agent Bank

Services

Full-Service Card Program Management

Marketing Support Services

Business Operations Services

About FranTech USA International Licensing,

www.FranTechStrategies.com

FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines.

They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, technological and financial agreements; they pool strengths drawn from experience in international banking, trade policy, law, marketing, investment banking and technology research. This broad expertise, coupled with access to key governmental and business decision makers, provides services uniquely valuable to MexGroup BankCard Services and PayCards payment solutions in the restructuring global economy.

MexGroup Mobile BanCard Portals is pleased to commence a strong working relationship with Global FranTech.

FranTech's mission is to foster the development of the Global Economy by providing a Global Perspective to bankers, developers, marketers, manufactures, and innovators of newly emerging and preemptive technologies. They offer world-class solutions for the investment banking industry, licensing and transfer of USA and Worldwide innovations to emerging economies in 220 countries worldwide for over thirty-five years.

For information on this exclusive
MexGroup Mobile BankCard Portal and MexGroup BankCards service and technology contact:
FranTech USA at +-805-853-5264

Submitted by:
David J. Baker, President, FranTech USA,
Ventura, California, USA

Contact:
President@FranTechUSA.com

Visit us at:
www.FranTechUSA.com

www.FranTechWTC-3G.com

www.FranTechAsia.com

Contact Information:
FranTech
David Baker
Tel: 805-853-5264
Email us

Name of the Company - FranTech Asia

Address of the Company - 56 BMM Society, Near Jalaram Temple, Near Dilip Patel's Hospital, Ellisbridge, Ahmedabad-38006-Gujarat (India)

Detailed Contact Information - Shanker Damodaran
Phone number - +919327067935

FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines.

They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, technological and financial agreements; they pool strengths drawn from experience in international banking, trade policy, law, marketing, investment banking and technology research.

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