Saratoga International Holdings Corp., announced that its wholly-owned subsidiary, Saratoga Telecom which is headquartered in Hallandale Fla., has reached an agreement to become a master distributor for DotComCash, Inc. of Marietta, Ga.
Under the terms of the agreement, Saratoga will integrate the DotComCash ATM product into its prepaid telecommunications calling card product, creating a unique new traveling “all-in-one” service. The card will allow holders to send money economically, including internationally, make global long distance telephone calls at economical rates, make purchases both in person and over the Internet and manage personal finances from anywhere around the world.
“Increased mobility in our society has made it difficult for international travelers, business people and transportation employees to manage and organize their financial affairs,” said Michael Smith, president of DotComCash. “By combining our fully featured ATM product with the telecommunications services and distribution channels of Saratoga, we create a product that offers great financial mobility and flexibility for those who travel a great deal.”
The product will be rolled out initially into transportation sector markets, currently serviced by Saratoga, and will be expanded to other similar vertical markets. The integrated card will be offered in a 2 part package, allowing the traveler to share finances with family members located anywhere in the world. The card will also serve as a calling card for making calls around the world free of subscription fees, maintenance fees, access charges or surcharges. The cards will also offer access to enhanced VoIP services, like voice messaging, internet access and internet faxing, in contrast to calling card only products such as those offered by AT&T, MCI WorldCom, Sprint and other traditional carriers.
“This capability brings economy, flexibility and ease of use to travelers and transportation workers around the world, who would otherwise not be able to enjoy these benefits,” said Mario Lavadinho, sales vice president of Saratoga Telecom. “Traditional prepaid cards have so many conditions that it takes a lawyer to interpret all of them. We offer fast, economical and clear communications without a long list of terms. Added to that is the ability to send money back home, make purchases and arrange your personal finances in any part of the world.”
Questions about the product can be referred to Mario Lavadinho, Saratoga Telecom, at 954/455-7724.
DotComCash, Inc. is the pioneer electronic cash solution provider featuring multiple-use stored value branded cards: DotComCash Card(TM), CashPreferred(TM) and Cash Ole(TM). DotComCash products have widespread applications but specifically target under-serviced markets, such as non-banked money transfer, teen markets and the college student market. DotComCash products are also attractive to consumers and retailers who can complement them with other incentive or loyalty programs. DotComCash products also offer enterprises solutions to money transfer for payroll, corporate travel and expense reimbursement. To learn more about this company, please visit their web site at [www.DotComCash.com].
About Saratoga International Holdings Corp.
Saratoga International Holdings Corp. is a publicly traded company, stock symbol SHCC:OB. Saratoga’s operating subsidiaries include Saratoga Telecom and SOLVOX Consulting Group, among others. Saratoga is a development stage company, focused on emerging telecom markets.