LAS VEGAS, June 28, 2005 (PRIMEZONE) -- Global Debit Cash Card, Inc.'s (Pink Sheets:GBCD) wholly owned subsidiary, Debit Cash Card, LLC, under its new debit card program, has placed its first order of 60,000 debit cards. Under the new program, the company will have its own unique brand name and design on its cards. The new cards will be using the Maestro Cyrus ATM system, which has over 900,000 ATM locations in over 120 countries worldwide. The debit card will also be part of the STAR ATM system, which has 241,000 participating ATMs and 1,001,000 retail locations. The debit card is accepted instead of cash by most retailers and is an economical method for making international money transfers.
"The first step has been completed in our plan to have a strong market place presence. Our mere $5.00 fee for worldwide money transfers should be quite effective in achieving that goal. Our program is very robust. Besides our own private label cards, we can now offer cards that have an association's, organization's, or group's own name and design," said Arnold F. Sock, president of Global. "In addition, this program offers important benefits to cardholders while also providing an advantageous compensation plan for our agent sales force, or resellers, and for the company."
The average debit card, once in a cardholder's hand, and depending on usage, can produce monthly income of $1.00 to $5.00. Revenue is also obtained from the sale of the cards. "As promised, the company has restructured and restarted its business operations with this new program and with this first card order. Many more things are in the works," Sock added.
For more information, visit www.gldcc.com.
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