Equitex, Inc. subsidiary, Key Financial Systems, Inc. announced that it has amended a current contract providing marketing services to a credit card issuer. Under the agreement, Key had previously been authorized to market the issuer’s credit card program to up to 500 customers per day. Key has now been authorized to market the program to a potential 5,000 customers per day. Key receives a fee for each completed application for the issuer’s credit card.
Equitex, Inc. is a holding company operating through its wholly owned subsidiaries Nova Financial Systems and Key Financial Systems of Clearwater, Florida and Chex Services of Minnetonka, Minnesota. Nova and Key design, market and service credit card products. Chex Services provides comprehensive cash access services to casinos and other gaming facilities.Details