OTCReporter.com: CellLongDistance Cofounder Joins Trustcash Team




OTC












Issue# 1518


August 4, 2009





CellLongDistance Cofounder Joins Trustcash Team

ATLANTA, GA — (MARKET WIRE) — 08/04/09 —
TRUSTCASH HOLDINGS, INC.

today confirmed that Mr. Ajay Hans, an experienced technology executive and consultant, shall lead the product and business development efforts for the integration of the current
Trustcash

technology into the mobile payment market.

AJAY HANS

Mr. Hans is a seasoned telecommunications and technology executive with demonstrated expertise in connecting market opportunities to technology innovation and in turn, leading to monetization. He has held senior executive positions with leading telecom software technology companies where he successfully implemented solutions for companies such as
Sprint

and
AT&T

He is also the co-founder of CellLongDistance.com, a leading voice 2.0 telecom technology platform which drastically reduces the high cost of traditional wireless long distance. Ajay has technical and business expertise across a broad set of telecommunications, billing and payment systems and social media network technologies. He has a Bachelor’s of Business degree from the
BC Institute of Technology

and has completed an Executive Management Program at
Simon Fraser University

as well as the Executive Managerial Success Program from
Harvard Business School

Mr. Hans will deliver a high level agenda and overall business case to enhance the existing
TrustCash

vision to provide a new industry standard for PC and mobile payments, bringing ease, accessibility and security to the market. The system shall be a cross-carrier mobile payment system. This is necessary to increase the range of merchants willing to make goods and services available over mobile devices and augment the core strengths of the existing
TrustCash

platform. The end goal of the analysis and subsequent
Trustcash

solution is to remove all complexity from the mobile world and make it as easy to harness web opportunities for merchants.

About
Trustcash

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™ payment card, which is sold in denominations ranging from $10 to $200 online


TRUSTCASH HOLDINGS, INC.
Stock Symbol :: TCHH

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TRUSTCASH HOLDINGS, INC. (TCHH)

Trustcash Holdings, Inc. offers an alternative online payment system that makes it easy and safe to shop on the Internet

Recent Price $.0016
Market Capitalization $356K
Est Float N/A
Outstanding Shares 132M
Exchange OTC.PK

TrustCash Holdings, Inc.

475 Lenox Road, Ste. 400

Atlanta, Georgia 30326

Phone: 800-975-5196
Fax: 917-591-5467
http://www.trustcash.com

Company Highlights

Similar Companies in Sector
·


PayPal

, a
subsidiary of eBay, the company accounts for more than half of its parent company’s net total payment volume. PayPal lets individuals and merchants transfer money via personal computer or Web-enabled mobile phone, with transactions charged to the customer’s bank account, credit card, or PayPal balance. eBay Inc. (eBay) provides online marketplaces for the sale of goods and services, as well as other online commerce, or ecommerce, platforms, online payments services and online communications offerings to a diverse community of individuals and businesses.

NASDAQ:EBAY Recent Price: $16.63


·

Innovative Card Technologies, Inc. (InCard) develops and markets secure powered cards for payment, identification, physical and logical access applications. OTCBB:INVC
Recent Price: $.13

·

Payment Data Systems, Inc. primarily operates as a processor of electronic payments for other companies. The Company provides integrated electronic payment processing services to merchants and businesses, including all types of Automated Clearinghouse processing and credit and debit card-based processing services. OTCBB:PYDS Recent Price: $.025

Current Projects

TrustCash to Provide Online Payment Solution to “SAY” Magazine


TrustCash Holdings, Inc. recently confirmed that it has reached an agreement with Spirit of Youth Enterprises Inc. to provide an alternative payment solution for their online clients. Spirit of Youth Enterprises Inc. publishes and distributes “SAY Magazine” for and about Native/Aboriginal youth — one of the largest growing demographic groups in North America. The magazine is useful for advertisers interested in reaching the Native/Aboriginal youth target market across North America. SAY can be purchased online.

TrustCash Completes Upgrade of Website

TrustCash Holdings, Inc. recently

announced that it has completed the testing and integration of the Trustcash 2.0 website
.
The upgrade includes among other things, the ability for a client to create a Trustcash account using an email address and password of their choosing versus an auto generated account which is cumbersome and difficult to recall. I am confident that the upgraded site will result in increased revenue. Vendors can now offer potential clients from almost any country in the world a completely revamped internet payment experience.

Company Overview

Trustcash Holdings, Inc. (OTC.PK: TCHH)

The internet provides the fastest and most flexible way to buy things, but while the net offers the easiest and most convenient way to shop, it also lacks some key safeguards necessary to protect privacy, defend identity and secure credit safety online.


With TrustCash, instead of entering credit information into a website and allowing private data to be passed to the owner of that website (or through any security leaks in that site’s database), consumers can shop smarter and use TrustCash to complete their transaction without ever providing private personal information to the retailer.

TrustCash makes paying online simplified and safe.

1 – Choose load method Visa, Mastercard, AMEX, or Discover

2 – Securely add funds Funds saved to Trustcash account

3 –
Send funds to retailer Anonymously with no trace to the consumer

With a simple one-step transaction, consumers can now purchase TrustCash for their own personal account through Trustcash’s secure website or through any one of their offline vendors without providing any personal information about themself or their credit data. The TrustCash in their account is assigned a unique account number that can then be used at thousands of retail websites for any items they would normally purchase with their credit card. Instead of entering their own credit information, they enter their anonymous


TrustCash account number to authorize the transaction and TrustCash pays the vendor instead! The funds are deducted from their account without anyone knowing who they are, what they purchased or any other personal information.

TrustCash makes it easier, safer and more private to buy online.

When a purchase is made through TrustCash, they purge all personal information as soon as the transaction is complete. The retailer never sees anything other than a settlement from TrustCash. TrustCash is an alternative payment system for those who do not have or do not wish to use a credit card to make payments on the internet. TrustCash is a convenient way to make those safe and anonymous online purchases.

Instant Approval

Unlike other forms for credit, TrustCash lets clients know that they are approved instantly and their funds are available to be used right away for whatever they would like to purchase.

No Activation Fees Or Load Fees

TrustCash is a FREE

service. While other credit services charge extra fees for activating a credit line or for putting more funds into an account, TrustCash does not charge fees of any kind.

No Additional Hidden Fees

TrustCash does not charge hidden fees to merchants or to consumers. Therefore buying an item from a website using TrustCash costs exactly the same amount as it would if using a standard credit card online. The only difference is that with TrustCash identity is kept completely private and credit data is absolutely secure.


PERSONAL SERVICES

TrustCash hosts a cadre of sophisticated features to make the purchasing process smooth and easy while maintaining the highest level of security and anonymity for consumers. Below is a brief description of a few TrustCash features.

Manage Online Subscriptions

TrustCash makes it simple to manage purchases online with the new “MY ACCOUNT” area. From this interface clients can manage online statements, monitor online transactions or cancel or re-subscribe to any of the services using TrustCash payment option. All personal information is kept confidential and protected and only the client can gain access to view all their online purchases online.

Message Center

Online messaging center is created for users in mind who would like to keep a communication ongoing communication regarding their account. Keep up to date with the latest feature and benefits of TrustCash payment systems. In addition, TrustCash system will use the message center to monitor and support clients with all their activity regarding their TrustCash account.

Easily Load Funds

Loading funds onto TrustCash is as easy as clicking a button. Payments are in done instantly. They provide security of 128 bit SSL encryption so clients can rest a sure all their online transactions are secured and safe. They can easily add funds to their TrustCash account using their credit card or bank checking account. Again, the client is in control of how much they would like to carry on their TrustCash virtual wallet.

MERCHANT SERVICES

TrustCash allows merchants who want to generate additional revenue from customers who might be reluctant to purchase goods and services online because they do not want their personal or financial information to be shared, or would prefer to remain anonymous when purchasing online.

Simple and Easy to Add to Your Website or Shopping Cart

TrustCash does not charge any hidden fees or set-up costs and has been certified as a trustworthy secure billing processor by DigiCert and many other consumer advocacy organizations. Adding TrustCash to your website is easy to do and our support staff is available to assist you with the installation process from start to finish.

Allows for Increased Billing Flexibility

TrustCash gives merchants the ability to accept re-billing or one time transactions

In addition, TrustCash is now capable of “micro-billing” payments for content partners who wish to charge consumers for Video on Demand (VOD) or clips-for-sale format in increments of five minutes at a time or less!

Offered in 233 Countries Worldwide

TrustCash is now available in 233 different countries worldwide. TrustCash content partners reap the benefits of marketing globally without incurring high processing or charge-back fees associated with international transactions.

Advanced Fraud Scrubbing Features

TrustCash focuses on fraud scrubbing that will not turn away good transactions from their content providers. In addition, they do comprehensive velocity checks on name and address, IP address, and many other variables to combat affiliate fraud on behalf of content providers. TrustCash also checks AVS and CVV when the consumer is attempting to purchase with a TrustCash payment option. Being in a closed-loop system, they have a greater advantage over keeping fraudulent transactions to a minimum. Therefore, by putting a DigiCert symbol like TrustCash billing on their join page, they are telling their customers that their site has the added credibility of being part of the TrustCash commerce network.

365/24/7 Customer and Merchant Support

TrustCash is committed to being the alternative processing solution, which is why they supply all merchants and customers a local representative to assist and troubleshoot any problem or situation that may arise.

If they are interested in reaching an untapped market of people who are hesitant or are unable to buy online, inquire today to see if their company qualifies to be a merchant. All websites must meet and maintain specific quality control measures before being considered.

Leadership

Kent Carasquero, President, CEO, Dir.

Market Snapshot


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