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Oasis Online Technologies Corp. Announces Agreement with SVC Cards Inc. to Market and Distribute Branded Prepaid Debit Cards, Mobile Payments, EFT and ACH Payment Solutions.

Publication: Business Wire
Publication Date: 30-OCT-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
MESA, Ariz. -- Oasis Online Technologies Corp. (OTCBB: OOLN) announced today that it has entered into a 3-year revenue sharing agreement with SVC Cards Inc., a wholly-owned subsidiary of COA Holdings, Inc., to market and distribute a suite of payment products and services including major branded prepaid debit cards, a mobile phone payment application, Electronic FundsTransfer services, and ACH payments.

Under the terms of the Revenue Share Agreement, Oasis will receive a substantial portion of the net revenue generated from the sale of SVC's products and can create its own co-branded products with SVC Cards. SVC's products are unique because of their proprietary management software which allows card holders to set their own controls on purchases including...

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