TrustCash Holdings, Inc.
Symbol: TCHH
Current Price: $0.0016
Snapshot - "TrustCash is a pioneer of anonymous payment systems for the Internet through their brand and website at TrustCash.com. During the summer, TCHH decided to enter the mobile payments market estimated at over 73 million users in 2009, up 70%+ over 2008. Mobile payments are being driven by the iPhone, the growth of mobile and PC-based social networks and a large number of unbanked customers who have access to mobile phones. We believe we could also see TrustCash become a major competitor to Paypal someday! The company just announced that they commenced an online marketing campaign to increase their user base and build awareness of TrustCash. We could see TrustCash become a household name, there are a lot of people looking for an alternative to Paypal!"
TCHH has been expanding the capabilities of their TrustCash payment system. The company just announced finishing development of TrustCash Transfer Service to pursue a share of the $300 billion global remittances market. This gives TrustCash members the ability to load and unload their TrustCash account via credit card, ACH and direct debit.
This is a huge step for TrustCash as it gives the company a completely new market opportunity. The new service will also allow the transfer of TrustCash tokens between TrustCash users. The remittance market is huge with migrants around the globe, as a whole sending hundreds of billions to their home countries. Adding ACH and credit card deposit options is a significant step for TrustCash to becoming a major player in the payment systems industry!
TrustCash is aggressively pursuing market awareness for their brand. It is important for TCHH to build a solid brand for TrustCash. The company announced that Web Traffic Consultants Corp will assist the TrustCash development team to optimize the structure of the Trustcash 2.0 website and assist with the implementation of the integrated Internet market strategy. TCHH expects increased users to translate to increased revenues!
TCHH announced on September 24th, that with the assistance of Withum, Smith & Brown, PC, the company is preparing its period ending June 2009, unaudited consolidated financial statements. Investors can look forward to TCHH having the June 2009 statements completed by the end of October, 2009!
In August, TCHH added an experienced technology executive and consultant, Mr. Ajay Hans to their management team. Mr. Hans was a cofounder of CellLongDistance.com. He willl lead the product and business development efforts for the integration of the current TrustCash technology into the mobile payment market!
TrustCash allows consumers to shop and complete their transaction without ever providing private personal information to the retailer. Instead of entering their own credit information, consumers enter their anonymous TrustCash account number to authorize the transaction and TrustCash pays the vendor instead! Check out further how TrustCash works!
Check out TCHH's payment system service at www.trustcash.com. TCHH has a quality website and solution that has a lot of potential in the online payment system space!!!
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