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March 31, 2005

Global Links to provide Visa debit card for Alliance Card

Global Links Card Services has reached an agreement with Alliance Card Inc, a provider of payment processing technology, to provide the FastMax Rewards Visa debit card to existing and future members of Alliance Card's technology network.

By CBR Staff Writer

Alliance Card provides enhanced financial services and instruments. The company’s core service is the development and deployment of an electronic debit card transaction-processing platform, which is supported by point of sale electronic card readers.

Alliance Card’s technology is the first of its kind in the sector, according to the company. It can track transactions and manages up to 250 currencies, whether it is cash, frequent flyer miles, volunteer dollars, rebates, payroll, barter, or foreign currencies.

Mike Bouchey, CEO of Alliance Card, commenting on the expected expansion of the company’s new platform said, Alliance Card anticipates five million members by the end of calendar year 2005, and 20 million members by the end of calendar year 2006. Of these members, we expect 35% to upgrade to the FastMax Rewards Visa debit card.

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