UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
December 9, 2009
SINO PAYMENTS, INC.
(Exact name of registrant as specified in its charter)
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Nevada |
000-53537 |
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(State or other jurisdiction of incorporation) |
(Commission File No.) |
Unit T25, GF Bangkok Bank Building
18 Bonham Strand West
Sheung Wan, Hong Kong
(Address of principal executive offices and zip code)
(203) 652-0130
(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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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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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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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure
On December 9, 2009, Sino Payments, Inc. announced that it had completed the integration of its ecommerce platform.
A copy of the release is attached as Exhibit 99.1. This information shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act 1934, as amended, and is not incorporated by reference into any filing of the company, whether made before or after the date of this report, regardless of any general incorporation language in the filing.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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Press Release dated December 9, 2009 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SINO PAYMENTS, INC. |
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Date: December 17, 2009 |
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/s/ Matthew Mecke |
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Matthew Mecke |
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Chief Executive Officer |
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Exhibit 99.1
Worldwide Ecommerce Platform Integration Completed by Sino Payments
HONG KONG, Dec. 9, 2009 (GLOBE NEWSWIRE) -- Sino Payments, Inc. ( www.sinopayments.com ) (OTCBB: SNPY - News ) today announced that it has completed the ecommerce integration for processing credit and debit cards in most major currencies across 40+ countries worldwide.
Sino Payments is now able to market to and sign up ecommerce merchants throughout Europe, North America, and Asia on preferential terms with a single seamless data processing platform worldwide.
Sino Payments' President and CEO Matthew Mecke stated, "This is one of two key steps for Sino Payments to be able to provide credit card, debit card, and bank transfer processing to regional and international merchants across the major markets in Asia, Europe, and North America. Our completion of the integration with our partners at PAY.ON enables Sino Payments to provide ecommerce merchant account processing via more than 150+ banks and financial institutions worldwide in most major currencies. We are confident our ability to offer these services will fuel Sino Payments' rapid expansion will supplement our physical store checkout to IP Global Payment Processing system already in operation. By being able to offer one-stop payment processing support for retailers we are ready to grab yet another piece of this $18.6 trillion market."
About Sino Payments, Inc. ( www.sinopayments.com )
Sino Payments is a US public company with offices in Hong Kong and Macau. In addition to providing stand alone worldwide ecommerce processing capability, Sino Payments' proprietary IP transaction processing system (SinoPay GPP) is designed to convert transaction processing systems from old type dial up point of sale systems linked to sophisticated check out terminals to a modern seamless IP transaction process, 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, including supermarket chains and large regional multinational retailers, in China and throughout Asia.
The Sino Payments, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6215
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.
Contact:
Sino Payments, Inc.
Matthew Mecke, Chairman & CEO
1.203.652.0130
Investor Relations
1.866.500.8985
ir@sinopayments.com