One World Ventures, Inc. Announces 1World Cash
21 Janvier 2010 - 3:29PM
Marketwired
One World Ventures, Inc. (PINKSHEETS: OWVI) 1World Card, a provider
of prepaid cards, today introduced "1World Cash," its new money
transfer service. The new retail location will be in the heart of
Hong Kong within the World Wide House Plaza. The announcement is
the latest step in the company's expansion of new channels for
sending and receiving money for the underbanked and underserved.
World Wide House Plaza is home to 26 retail money transfer
locations including two of the largest agent locations in the
world. By launching 1World Cash in World Wide House, OWVI will be
directly capitalizing on the location's reputation as a central
transaction hub. With a cost-effective-per-transaction fee combined
with the high traffic location, 1World Cash is expecting to process
thousands of transactions per month.
The Republic of the Philippines will be the first market to take
advantage of the 1World Cash service allowing overseas Filipinos to
send money to the Philippines via our location seven days a week.
There are on average around 140,000 Filipinos in Hong Kong, of who
most work as domestic helpers. World Wide House is popular with the
Filipinos, as many of the shops are run by Filipinos. The wide
assortment of typically small shops caters to their needs, selling
telecommunications and banking services. This vibrant community is
the ideal scenario for the introduction of the 1World Cash retail
location.
OWVI CEO Stephen Prior commented, "We anticipate 1World Cash
will become recognized as the simpler and safer way to send money.
We have positioned ourselves well by obtaining space for 1World
Cash at the busy World Wide House to accommodate the large influx
of migrant workers that frequent this busy area. This is the first
step in serving the 150 million migrant workers throughout the
world."
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management
resourced in Asia and the United States that invests in
technologies, communities and systems that facilitate trade,
finance, communication and travel across international boundaries,
cultures and languages.
About 1WorldCard
1WorldCard offers a simple and inexpensive alternative to
traditional bank accounts. 1WorldCard gives universal acceptance
and access to over a million ATMs worldwide and provides online
purchasing power and controlled spending. The perfect card to use
in today's ever expanding electronic marketplace.
Safe Harbor Statement:
Any statements contained herein related to future events are
forward-looking statements and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on
forward-looking statements. One World Ventures, Inc. undertakes no
obligation to update any such statements to reflect actual
events.
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Contact: One World Ventures, Inc. USA Tel (+1) 702-789-1088
investors@1worldventures.net www.1worldventures.net
One World Ventures (CE) (USOTC:OWVI)
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