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Infant Company Hits The Jackpot


LOS ANGELES, December 3, 2006 New international credit card company, OzoneCard International Limited, has already attracted interest as a potential takeover target just days after it announced the launch of its new zero interest, zero cash repayment, business credit card in the USA and Canada.

The company competes directly with Visa, MasterCard, American Express and Diners, offering its own in-house funding for all credit facilities.

The key difference between other cards and the OzoneCard is that cardholders are not required to repay the card with cash. Debit balances are repaid only when another cardholder pays you, thereby preserving business cash flow and attracting new customers.

OzoneCard card holders will also have the ability to pay non-OzoneCard members directly to the recipients email address or mobile phone number. When funds are transferred by a cardholder the non-OzoneCard merchant will receive an email or SMS message advising them of the pending payment.

Global Sales Manager, Alex Wong, said that since the announcement of its launch, the company had received a surprising level of interest from potential business investors, including one, unnamed, multi-billion dollar Investment Company and a takeover offer from one of its competitors.

Mr Wong said that although the shareholders of the company were not currently seeking additional investment, or to be bought out, it was flattering to receive so much attention.

OzoneCard International is a privately owned company with its global headquarters in New Zealand and has a shareholding group comprised of merchant bankers, accountants and self-employed business people. The company has recently appointed four new directors to its board, including former Irish merchant banker, James Graham.

OzoneCard offers its credit card direct via its website as well as through joint-venture and licensed partners, with all funding being provided by OzoneCard International Limited. The company believes that by working with licensed resellers it will enhance the visibility of the card whilst retaining a local flavor to the business in each of the countries where it is present.

The company is currently accepting a limited number of applications for its credit card via its online website at


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