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Trustcash Completes Testing of Money Transfer Technology
ATLANTA, GA, Dec 15, 2009 (MARKETWIRE via COMTEX) -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH" or the "Company") (PINKSHEETS: TCHH) today announces it has successfully tested the Trustcash money transfer service. Specifically, two Trustcash member accounts were created, Trustcash tokens were purchased by member A, tokens were transferred to member B and member B was able to unload the tokens to their bank account as a real cash credit. The system allows Trustcash accounts to be loaded and unloaded via credit card and ACH. Direct debit options will be added in 2010.
This newest Trustcash technology will be made available to our members with the launch of the Trustcash 3.0 website and the completion of all compliance requirements.
The Company will continue testing the system with our current merchants as a pay out system and with our staff and consultants as an alternative to wire transfers and checks.
About Trustcash
Through its Trustcash brand and website (www.trustcash.com), Trustcash is a pioneer of anonymous payment systems for the internet. Trustcash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its Trustcash(TM) payment card, which is sold in denominations ranging from $10 to $200 online. The Trustcash(TM) card is the only "stored value card" produced where no personal data is stored by or available to a vendor or merchant, providing a unique level of both security and privacy to the purchaser.
ATLANTA, GA, Dec 15, 2009 (MARKETWIRE via COMTEX) -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH" or the "Company") (PINKSHEETS: TCHH) today announces it has successfully tested the Trustcash money transfer service. Specifically, two Trustcash member accounts were created, Trustcash tokens were purchased by member A, tokens were transferred to member B and member B was able to unload the tokens to their bank account as a real cash credit. The system allows Trustcash accounts to be loaded and unloaded via credit card and ACH. Direct debit options will be added in 2010.
This newest Trustcash technology will be made available to our members with the launch of the Trustcash 3.0 website and the completion of all compliance requirements.
The Company will continue testing the system with our current merchants as a pay out system and with our staff and consultants as an alternative to wire transfers and checks.
About Trustcash
Through its Trustcash brand and website (www.trustcash.com), Trustcash is a pioneer of anonymous payment systems for the internet. Trustcash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its Trustcash(TM) payment card, which is sold in denominations ranging from $10 to $200 online. The Trustcash(TM) card is the only "stored value card" produced where no personal data is stored by or available to a vendor or merchant, providing a unique level of both security and privacy to the purchaser.
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Replies to This Discussion
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Permalink Reply by anthonymidwood on -
http://stockcharts.com/h-sc/ui?s=TCHH&p=D&b=5&g=0&i...
TCHH +33% & heading towards bullish
get in now while it's @.0004 no where to go but up!!
MACD slightly pulling above the signal line which is a pretty good indication it's going to take off IMO.
Good Luck if you guys decide to go in!!
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Permalink Reply by rob steinhauser on -
TCHH NEWS LOOKS GOOD. STOCK IS TRADING WITH DECENT VOLUME. GOOD TIME TO LOAD UP WHILE ITS ON THE DIP AND WATCH THIS ONE RUN. THIS IS A GREAT STOCK TO TAKE SOME QUICK PROFITS ON. HOPE ALL UR STOCKS ARE IN THE GREEN
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Permalink Reply by mickymoose99 on -
Trustcash Announces Gross Revenues (Unaudited) for the Month of November 2009
Buzz up! 0 Print..Companies:Trustcash Holdings, Inc..Related Quotes
Symbol Price Change
TCHH.PK 0.0004 0.0000
{"s" : "tchh.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Trustcash Holdings, Inc. On Thursday December 17, 2009, 8:00 am
ATLANTA, GA--(Marketwire - 12/17/09) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirms gross revenue (unaudited) for one month period ending November 31, 2009 was One Hundred and Sixty Two Thousand dollars ($162,000).
Trustcash Management stated, "The reduction in revenue growth from previous months can be partially contributed to the removal of ACH as a payment option. We expect to return ACH as a payment option in the new year with the launch of Trustcash 3.0."
About Trustcash
Through its Trustcash brand and website (www.trustcash.com), Trustcash is a pioneer of anonymous payment systems for the internet. Trustcash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its Trustcash(TM) payment card, which is sold in denominations ranging from $10 to $200 online.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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Permalink Reply by Rusty Rollanarie on
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Got Some Fresh News For Trust Cash,
TCHH Completes Integration With www.condobargainclub.com
ATLANTA, GA -- (MARKET WIRE) -- 01/06/10 -- Trustcash Holdings Inc. (the "Company" or "Trustcash") (PINKSHEETS: TCHH) announces it has completed the integration of the Trustcash online payment platform with www.condobargainclub.com .
www.condobargainclub.com recently launched its online service with a view to reach the vacationing audience that books travel online. Trustcash management expects quality and consistent revenues from their offerings due to ongoing trends in online travel booking. The results of a 2009 poll provided at http://www.travelmole.com/stories/1134043.php of just over 12,600 people found:
29% of respondents book all elements of their holiday independently and online; and
47% of respondents said they will book at least one element of their holiday independently, whether it is car hire, airport/hotel transfers, excursions, flights or accommodation; and
Over half (54.55%) said they regularly research their holiday and compare prices on the internet before making a booking; and
Less than 1% have never used the internet to book or research any part of a holiday.
CONDO BARGAIN CLUB
Condo Bargain Club members benefit from weekly Condo Bargains.
These Condo Bargains are actual condominiums at world-class resorts for prices starting as low as $199 per week for a one or two bedroom and ocean view condominiums.
Members are emailed the Condo Bargain Prices every Tuesday afternoon, and the inventory is based on a first come first serve basis. These prices are only available to members.
About Trustcash
The Trustcash (TM) platform delivers a sophisticated, comprehensive online payment processing system.
The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash (TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
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Permalink Reply by Rusty Rollanarie on
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Great Run... Huge Increase Yesterday! +33%
Congrats to those who got in!
News Following Yesterdays Close as well...
TCHH Announces Gross Revenues (Unaudited) for the Quarter Ending Dec 31, 2009
ATLANTA, GA -- (MARKET WIRE) -- 01/07/10 -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (PINKSHEETS: TCHH) today confirms gross revenue (unaudited) for three month period ending December 31, 2009 was five hundred and thirty six thousand dollars ($536,000).
Trustcash Management stated, "We are pleased with our progress and accomplishments to date. We continue to develop a technology infrastructure focused on providing merchants with flexible online payment solutions. Our growth to date can be attributed to, amongst other things, Claudio Lai, our CTO. Claudio continues to manage our integration staff, development team and proprietary integration tools, ensuring timely deployment and support so our clients can focus on what they do best."
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Permalink Reply by rob steinhauser on
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TCHH great news play today. Stock came out with news that it is going to acquire 25% of Alligato. This should trade well today. I am expecting more prs to come this week. Keep this one on ur radar. I took a position in this stock today
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Permalink Reply by rob steinhauser on
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Heres a strong Pr from TCHH. Put this one on your radar list. I think this one is going to explode in the am and we should be seeing alot of volume and some nice gains too. The news touches base on what the company is doing and how much the mobil payment market will expand in the future. Read more here...
ATLANTA, GA--(Marketwire - 05/19/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH" or the "COMPANY") (Pinksheets:TCHH - News) today announces that with the assistance Alligato, Inc. the Company has doubled the size of its technology infrastructure.
Specifically, TrustCash has deployed its core technology infrastructure within a strategic development lab. The infrastructure deployment consists of enterprise level Hewlett Packard (HP) hardware and enterprise versions of JAVA technologies. The design of the platform is to be operating system agnostic currently set up within a Linux/Unix environment. All technologies have been acquired by the Company to implement the proprietary TrustCash end-to-end mobile commerce platform.
The Company believes that this achievement puts it on track for its entry into the burgeoning mobile payments market.
The Following article further confirms TrustCash's strategy:
■The worldwide market for mobile payments will grow to $633.4 billion by 2014, up from $68.7 billion in 2009, according to a new report by Generator Research. Meanwhile, mobile payment users will grow 600 percent to 490 million in 2014 from 81.3 million last year. Using your phone or your phone number to exchange money is convenient for everyone but especially the "underbanked." Whether it's payment dongle Square launching this week, Zong raising $15 million late last month on the strength of its virtual goods business on Facebook, or the fact that my dinner party companions last night settled the bill using Venmo, mobile payments are finally part of the present rather than the hazy projected future.
■http://gigaom.com/2010/05/13/mobile-payments-to-reach-633b-by-2014/...
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Permalink Reply by rob steinhauser on
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Nice news, This is a step in the right direction. Lets see how this one trades over the next few days. I am already holding a nice position in the company. I think were going to some nice gains on this one over the next few days. This might be a good time to take another position before it runs!!
ATLANTA, GA--(Marketwire - 06/15/10) - TRUSTCASH HOLDINGS, INC. ("TrustCash" or the "Company") (Pinksheets:TCHH - News) today announces that with the assistance of MBM Intellectual Property Law LLP the Company prepared and filed Provisional Patent Application ("PPA")No. 61/352,279.
The PPA describes a Method and System for Brokering Payments such as online payments related to such transactions.
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