UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_________________________
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported)
April 23, 2009
SINO
PAYMENTS, INC.
(Exact
name of registrant as specified in its charter)
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NEVADA
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000-53537
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(State
or other jurisdiction of incorporation)
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(Commission
File No.)
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212-214
Des Voeux Rd.
Des
Voeux Commercial Building, 12
th
Fl.
Sheung
Wan, Hong Kong
(Address
of principal executive offices and zip code)
(852)
2544-0733
(Registrant's
telephone number, including area code)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
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[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17
CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17
CFR 240.13e-4(c))
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Item
7.01
Regulation FD Disclosure
Hong
Kong, April 23, 2009 –Sino Payments, Inc., (
OTCBB: SNPY
), announced today
that it completed its Global Processing Platform and is in the process of
deploying this solution in Shanghai to provide IP credit and debit card
processing services to their customers in China.
Item
9.01 Financial
Statements and Exhibits
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(d)
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Exhibits
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Document
Description
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99.1
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Press
release
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SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
Dated this 23rd day of April,
2009.
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Sino
Payments, Inc.
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BY:
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MATTHEW MECKE
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Matthew
Mecke, President,
Principal
Financial Officer,
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Principal
Accounting Officer.
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Exhibit
99.1
Sino
Payments Completes Global Processing Platform system in China
April 23, 2009 (Hong Kong)
–
Sino Payments, Inc. (OTCBB: SNPY) has completed its Global Processing Platform
(SinoPay GPP) and is in the process of deploying this solution in Shanghai to
provide IP credit and debit card processing services to its’ customers in
China. This updated SinoPay GPP system will facilitate the processing
of all credit card types (Visa/MC/AMEX/Diners/Discover/JCB) and will be
integrated with China UnionPay to provide processing of UnionPay Debit cards in
China.
As is,
the SinoPay GPP can be deployed in any country to provide efficient IP
processing of all credit card types and has been specifically designed for roll
out around the region in Asia.
Matthew
Mecke, Chairman & CEO of Sino Payments stated “The deployment of our SinoPay
GPP is the first step in Sino Payments providing large multinational retailers
in Asia with modern efficient payment processing systems at checkout.
Approximately 25% of customers in Asia are currently using credit or debit cards
for purchases at supermarkets and large multinational and international
retailers. Our SinoPay GPP system requires very little, if any, local
customization when deployed in Asia outside of China so we are confident we will
be growing our customer base around the region in the coming
months.”
About
Sino Payments, Inc.
Sino
Payments is a Nevada incorporated US Company with offices in Hong
Kong. Sino Payments proprietary IP transaction processing system
(SinoPay GPP) was designed to convert transaction processing systems from old
type dial up point of sale systems connected to sophisticated check out
terminals to a modern seamless IP transaction process, thereby reducing credit
and debit card transaction processing times by half at checkout. Sino
Payments focuses on providing IP credit and debit card processing services to
large retail chains in China and throughout Asia including supermarket chains
and large regional multinational retailers.
Contacts:
Sino
Payments, Inc.
Matthew
Mecke
Chairman
& CEO
ir@sinopayments.com
Investor
Relations
Mr.
Kubus
info@target-ir.com
T:
1-760-707-9892
FORWARD-LOOKING-STATEMENT:
Except
for factual statements made herein, the information contained in this press
release consists of forward-looking statements that involve risks and
uncertainties, including the effect of changing economic conditions, competition
within the credit and security industry, customer acceptance of products and
other risks and uncertainties. Such forward-looking statements are not
guarantees of performance, and Sino Payments, Inc. results could differ
materially from those contained in such statements. These forward-looking
statements speak only as of the date of this release, and Sino Payments, Inc.
undertakes no obligation to publicly update any forward-looking statements to
reflect new information, events or circumstances after the date of this
release.