December 8, 2009
LAS VEGAS, NV — One World Ventures, Inc. (PINKSHEETS: OWVI) -- 1World Card, a provider of prepaid cards, is pleased to announce that it is working together with eCommLink, Inc., a leading value added prepaid processor to develop and deploy corporate prepaid solutions and remittance programs. This working relationship combines eCommLink's secure, flexible and reliable prepaid processing platform to leverage the 1World Card's strengths and to extend our multi-cultural footprint.
The 1World Prepaid Card will allow consumers without bank accounts to avoid the high costs of check cashing and money order fees by using the re-loadable debit card. Payroll cards are the fastest growing segment of the prepaid debit industry because they offer significant benefits for every party involved, including the employee who enjoys instant access to funds, the employer who cuts disbursement costs and the banks who are able to retain funds within their institution longer. The card will interface with our international partners providing low cost remittance for our customers.
Steve Prior, CEO of One World Ventures, Inc., stated, "We are excited to be working with eCommLink, one of the premier processors of prepaid solutions.
Our business model is to provide a wide range of much needed financial products that improve the quality of life for our cardholders and we believe the adaptive nature of the eCommLink platform will allow us to do that today and for the long term as well."
eCommLink, Inc. (www.ecommlink.com) enables program managers and financial institutions to maximize revenue from their prepaid debit programs. The Company’s flexible prepaid processing platform, innovative features and industry experience allows clients to create customized prepaid programs for their specific markets while ensuring quality, security and time to market. eCommLink supports the full array of prepaid debit programs, including general spend, payroll, teen, gift, travel, government and loyalty cards.