CSRH, Consorteum Holdings Inc, CSRH.OB
DrStockPick Stock Report!
DrStockPick News Report!
Consorteum Holdings Inc. (OTC BB: CSRH) Providing Government Agencies
a Streamlined Benefits Payment Solution.
DrStockPick Stock Report!
Tuesday September 8, 2009
Consorteum Holdings Inc. (OTC BB: CSRH) Providing Government Agencies a Streamlined Benefits Payment Solution.
-Social Security may be more secure than ever-
Prepaid benefit cards have been developed to allow federal, state, municipal, and provincial governments to deposit Social Assistance and other government Benefit payments directly onto a prepaid card instead of issuing millions of manual checks.
These cards provide recipients, (many of whom are �unbanked� or �underbanked�) which comprise approximately 30 million of us, with immediate access to their social assistance payments. These unbanked recipients are swelling in numbers as the economy continues to slide.
Upon enrolment into the program, individuals will receive a personalized, re-loadable prepaid social assistance/benefits card. Each payment period, the recipient�s funds are automatically deposited into their individual card account.
Cardholders will be able to use their card, to access money, at any participating ATM (Automatic Teller Machine), pay for purchases at retail locations, or pay bills online.
Benefits cards are often issued under one of the major card association brands (Visa/MasterCard) and are welcome everywhere credit cards are accepted, worldwide.
Consorteum Holdings Inc. (OTC BB: CSRH) generates residual monthly revenues by charging the end user monthly account fee, transaction fees and other fees based on usage of the card. Because the card is reloaded on an ongoing basis with the benefits payment, Consorteum will be assured long-term repeat revenues.
Quent Rickerby, President & COO of Consorteum Holdings Inc., stated, �Consorteum generates recurring transactional revenues on every program we implement. By maintaining full control of all products and services launched, Consorteum is enabled to increase its revenue opportunity by an additional 10 to 15 percent.�
Mr. Rickerby added, �All of our programs establish a direct long-term relationship with our customers by providing them robust, secure and reliable solutions. Consorteum will continue to expand our list of new and innovative products and services to our customer base that will drive increased revenues for the company.�
For more information on Consorteum Holdings, Inc. visit: www.consorteum.com
Contact:
Consorteum Holdings Inc.
2900 John Street, Suite 202,
Markham, Ontario, Canada L3R 5G3
Telephone: +1 866 824 8854
investors@consorteum.com
Keep a close eye on CSRH, do your homework, and like always BE READY for the ACTION!
No comments:
Post a Comment