Business
SAFEPAY SOLUTIONS TRANSACTIONS UP, AVERAGE 70% SINCE DECEMBER 2005;
SAFEPAY SOLUTIONS TRANSACTIONS UP, AVERAGE 70% SINCE DECEMBER 2005;.
About this update from Broadside Enterprises, Inc.
[{"type":"text","content":"Total Dollar Amount of Transactions Processed Exceeds $1.3 Million\r\n \r\nNew York, NY - (Wire Service) - March 9th, 2006 - SafePay Solutions Inc. (OTC:SFPS) announced today that the dollar amount of total transactions processed by SafePay between December 2005 and February 2006 have increased an average of 70%. The dollar amount of the transactions processed by SafePay for the three-month time period totaled $1,325,147.\r\n\r\nWhile the dollar amount of transactions is unaudited and does not represent the total sales and revenues generated by SafePay, the company plans to announce its total sales and revenue for the period in approximately two weeks.\r\n\r\nTransactions processed by SafePay totaled $243,000 in December, a 100% increase over the $122,000 processed in November; $676,000 in January, a 139% increase; and $405,000 in February (a short month), a 30% decrease when compared to the previous month. \r\n\r\nBy posting an increase in transactions processed during December and January, SafePay continued to experience growth in the number of overall transactions processed for the quarter while completing its acquisition by Netoy and nearing completion of its audit.\r\n\r\nSafePay management believes that the number of transactions it processes and the resulting revenues will continue to grow for the foreseeable future as it plans to continue an aggressive marketing campaign informing merchants and consumers of the cost advantages and benefits of using SafePay Solutions over their competitors. \r\n\r\nAbout SafePay \r\nAs an online payment provider, SafePay Solutions brings you the highest level of security, convenience, and speed of any online payment system. Our solutions for business and consumers all around the world are innovative, secure, and cost-effective. With SafePay Solutions, anyone with an e-mail address can send and receive payments, while merchant and corporate clients can conduct business with our vast array of financial management tools. \r\n\r\nMore information about SafePay Solutions can be found at: \r\n\r\nhttp://www.safepaysolutions.com \r\n\r\nNotes about forward-looking statements \r\n\r\nExcept for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. \r\n\r\nCertain Statements contained in thi...