TrustCash Commences Plans to Introduce TrustCashDEPOSIT Product to Multi-Billion Dollar European Ecommerce Market
April 09 2010 - 4:15PM
Marketwired
TRUSTCASH HOLDINGS, INC. ("TrustCash" or the "Company")
(PINKSHEETS: TCHH) today announces it has commenced planning to
introduce the TrustCashDEPOSIT product to the large European
ecommerce market.
B2C ecommerce in Western Europe will reach close to EUR 340
Billion in 2010 according to a DB Research statement in the
European parliamentary financial services forum Briefing;
"Innovative e-payment solutions: A European perspective."
In Europe, credit cards are not as widely used as in the United
States. Debit and bank transfers are very popular methods of online
payments in many European countries. TrustCash has previously
announced the addition of EU debit and EU Direct Pay products to
take advantage of these trends.
The Company feels its TrustCashDEPOSIT product has vast
potential to be a great product for European online shoppers to use
as another online payment method.
TrustCashDEPOSIT in Europe will be designed to work similarly to
the US version of TrustCashDEPOSIT
(http://www.trustcash.com/products_deposit.php).
TAKE OUR ONLINE SURVEY
Tell us where you want to use TrustCash at:
http://www.trustcash.com/signup_consumer1.php.
ABOUT TRUSTCASH
The TrustCash™ platform delivers a sophisticated, comprehensive
online payment processing system.
The TrustCash technology infrastructure provides merchants with
open access, PCI compliant payment processing. TrustCash™ is an
Ecommerce expert providing online businesses with payment solutions
needed to be successful.
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.
Contact: TrustCash Holdings, Inc. Shareholder Communications
Email Contact: Email Contact 1-800-975-5196
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