VCT Manufactures Stored Value Chip Cards to be used at Sporting Events for Cash-Free, Faster Concession Services

Cards can be Customized With Team Logos, Monikers and Colors

DOWNERS GROVE, IL., - Versatile Card Technology, Inc. (VCT) is manufacturing a Stored Value Chip Card that will make concession purchases at ballgames, concerts and other crowded venues easier, faster and cash-free.

The Stored Value Chip Cards can reduce the chance of "missing the big play of the game" or the "song I came to watch the group perform" because of waiting in long lines at concession stands.

The card is easy to use, and ticket takers can hand them out to customers as they enter the venue. The Stored Value Chip Card works the same as a prepaid phone card. A customer would prepay a set amount on the card and then make concession purchases in designated express lines.

"We are already seeing some professional football teams utilizing the Stored Value Chip Card technology, and we expect this technology to change the way concessions are purchased," said Nicholas Cooney, president of Downers Grove, Ill.-based VCT. "The benefit to the venue is that they have more satisfied customers and fewer cash transaction points of sale. The benefit to the end user is a fast, easy-to-use and cash-free transaction that allows them to see more of the action."

Teams and venues can have their own card with custom moniker, colors and designs. The Stored Value Chip Cards can be attached to a lanyard for easy use or held in a wallet or purse like a credit card.

About Versatile Card Technology, Inc. As a globally recognized leader, and the largest American manufacturer of plastic cards, Versatile Card Technology produces cards for every application and offers complete fulfillment services and turnkey solutions. Facilities are located in Turkey, Germany, Mexico, Singapore, South America and India. The Visa/MasterCard state of the art facility in Chennai, India, has helped increase VCT's customer focus throughout Europe, Asia, Australia and Africa. VCT has increased its card capacity to produce over one billion cards per year. VCT is a certified manufacturer of Visa and MasterCard and produces a wide variety of products including, loyalty, membership, gift cards, SmartCards, access control and contactless cards.