Trustcash to Enter Multi-Billion Online Bill Payment Market With TrustcashDirect Solution

.Companies:TRUSTCASH HOLDINGS.Press Release Source: Trustcash On Monday March 8, 2010, 4:15 pm EST
ATLANTA, GA--(Marketwire - 03/08/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today announces that through its TrustcashDirect service it will enter the online bill payment market.

The online bill payment market, also known as the electronic bill presentment and payment (EBPP) market, is a massive segment of the online payment services industry and market.

The following statistics indicate the significant opportunity Trustcash has:

-- According to an October 2009 report from AITE Group. The aggregate amount of consolidator bill payments will rise from US$665 billion in 2008 to US$678 billion in 2009.-- According to a 2009 First Data white paper, a full two-thirds of all bills are expected to be paid electronically by 2012 -- up 20 percent from 2007 -- with most of the growth destined for Web and phone applications.-- Over 2.07 billion online bill payments will be processed in 2009, according to an October 2009 report from AITE Group.-- The use of online bill payment by banking customers is accelerating. Based on Jupiter research data, MODASolutions estimates that 48 million North Americans now pay bills online -- a number forecasted to reach 92 million by 2009.

TrustcashDirect has begun testing, as recently announced.

The Company looks forward to launching and commencing the marketing of this new service to grow its revenue and continue adding value for its shareholders.

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ABOUT TRUSTCASH

The Trustcash™ platform delivers a sophisticated, comprehensive online payment processing system.

The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash™ is an E-Commerce expert providing online businesses with payment solutions needed to be successful.

ATLANTA, GA--(Marketwire - 02/01/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirmed that it is in discussions with Alligato, Inc. for the purchase of an interest in Alligato of up to the 25%. This is in addition to Trustcash's current agreement to provide an alternative payment solution for Alligato's mobile long distance services.

Alligato markets its service under the www.CellLongDistance.com brand.

Alligato? delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.

The Alligato service enables large member based organizations, existing service providers, application providers and web communities to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).

Alligato currently offers its customers a postpaid billing model via credit card. Alligato management is excited to integrate TrustCash as an alternative, secure, private and reliable payment system which can be instrumental in the expanding distribution of their cell long distance service
THIS NEWS IS REALLY GOOD FOR THE COMPANY, THEY JUST KEEP ON GROWING.