New No Cash Repayment Credit Card for Business

OzoneCard International today announced that it will launch a new zero interest, no cash repayment required, credit card service for businesses in the USA and Canada.

The card, to be launched on January 30th, 2007, will offer a credit line of up to $50,000 and purchases can be made to accepting merchants via terminal, phone banking, SMS/TXT messaging and internet banking. There will be no membership fee to join.

As a cash-saving mechanism prospective card members will be required to accept the new card in receipt for payment from other cardholders, with the funds received being credited directly to the sellers account. No direct cash out of the system is allowed however funds can be transferred to any other accepting party.

Other unique offerings of the card include:

• Cardholders can pay off any credit spent through accepting the card as payment from other cardholders
• 24x7x365 customer service
• Phone, SMS and Internet Banking
• No forex costs
• Instant notifications of transactions to email mobile phone
• No monthly/annual fees
• Free e-commerce marketplace where cardholders can list their products/services for sale
• Downloadable account statements