NEW YORK,

June 8, 2017 /PRNewswire/ - SmartCard Marketing Systems, Inc. (OTC: SMKG) is pleased to announce the closing of the 3rd tranche of investment totaling

$1m USD

from Primeline HK Ltd and owner

Chris James Payne

. The company is strengthening its focus on being the largest Fintech Accelerator offering to ISV partners globally, creating a portfolio of seamlessly integrated and PCI compliant ready payment solution technologies. The company also recently announced it has been named to the Top 10 Best Retail Mobility Solution Providers by Retail CIO Magazine for 2017.

Massimo Barone CEO stated "We have a great plan and strategic partnership with the Primeline team & Chris. The synergy between companies is creating a fantastic client base and support infrastructure to service customers globally. Our combined effort continues to generate strong interest in the Banking, Telecom & Transit industries seeking EMV-MPOS, EPOS & ISV technology solutions for their merchant portfolios."

About Christopher James Payne Director – Primeline HK Ltd. Chris is the Director of Primeline HK Ltd where he serves as a Project and Operations Manager holds a B.S. in Marketing from Bentley University and is passionate about his undertakings. Collectively, he and his partners possess years of expertise in banking, payment processing, sales and distribution throughout Asia. Through Primeline HK, Chris aims to deliver a robust mobile payment platform that can be delivered globally to empower its client's merchants with a flexible solution supplemented with abundant value added services. Alongside Chris's involvement in payment, Chris is also the President of Primeline Products Philippines. Primeline Philippines currently operates through the largest department store and mall chains in the Philippines and is home to 9 brands from various industries. Chris's involvement in Primeline Philippines has provided him experience in sales, brand management, business development, product sourcing, freight forwarding and logistics. Chris is constantly active looking for opportunities to cultivate new relationships to bring added value to projects. About SmartCard Marketing Systems, Inc. (OTC:SMKG) SmartCard Marketing Systems Inc. (SMKG:OTC) is a Fintech payment accelerator Co & solutions provider to the payments industry, with cloud-based EMV host Acquiring, Issuing & Processing solutions to Banks, Telecoms and Enterprise. The company offers advisory services & offers 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, EmphasisPay a gateway for ISV's and VelocityMWallet.com, a transaction payment ecosystem for alternative payment solutions & processing. For more information, go to www.smartcardmarketingsystems.com