SmartCard Marketing Systems Inc (OTC:SMKG) Signs Joint Venture with DataTrax Technologies Inc a leader in Ticketing Solutions to grow China’s Tourism Market expected to swell to 6.5m Chinese tourists to the US by 2020.
New York, NY -- August 31st 2017 -- InvestorsHub NewsWire
The companies today announced a Joint Venture to integrate a content strategy for Ticketing from the most popular Theme Parks, Attractions, Harbour Ferries and Tour Operators globally. The deal creates a unique opportunity selling tickets to Authorized Travel Agencies in China to meet the high-demand from their customers.
Massimo Barone CEO stated “We are excited to enter into this JV with Peter at DataTrax as we are combining both technology solutions to deliver a powerful product strategy for the tourism market. This offering will set a new level of accessibility for ticketing through local Travel Agencies in China which are struggling to reserve and purchase packages for their customers. Our immediate advantage is with our Processors and Card Issuer partners in China which will facilitate the deployment to the Authorized Travel Agency network.”
DataTrax President Peter Hilliard also stated “By working with SmartCard, DataTrax will be able to expand into areas that will benefit greatly from this joint venture. By allowing access to pre-purchased tickets validated on arrival, customers and users alike will be able to experience a smooth booking to boarding process. This joint venture will create seamlessness, simplicity and ease-of-use for both Travel Agents and customers looking to travel internationally.”
China Travel Market forecast
The group released its first Airports: China™ Traffic Forecast, in which it has predicted that the number of annual Chinese tourists to the United States will swell to more than 6.5 million by 2020, just under three times the 2.4 million tourists the United States saw in 2015. That means in five years, more than 23 million tourists will have visited the United States, and travel companies need to get ready to cater to them.
About DataTrax: Advanced Tour Operator Software & Solutions
DataTrax solutions are designed by tour operators, for tour operators. We know ticket sales are hard to manually track, and collecting accurate payments from your partners and sales agents can be guesswork.
We created DataTrax as a versatile tour software with reporting capabilities that allow tour operators to achieve real-time visibility into to their business operations, reduce the cost of delivery to their clients, and achieve efficiencies previously unavailable through conventional approaches.
About SmartCard Marketing Systems, Inc.
SmartCard Marketing Systems Inc. (SMKG:OTC) is a Fintech advisory Co & solutions provider to the payments industry, delivering cloud-based EMV Host Acquiring & Issuing solutions to banks, telecoms and enterprise customers. In addition, the company's in-house lab offers customers proprietary software solutions including Genorocity.com, a coupon and incentive platform for the Retail & Events industry, Check21SAAS.com a Remote Deposit Check solution for X9 clearing and VelocityMWallet.com, a transaction payment ecosystem for alternative payment solutions & processing. For more information, go to www.smartcardmarketingsystems.com.
SOURCE SmartCard Marketing Systems Inc (SMKG)
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