Press Release
August 17, 2023

TranzactCard Takes Key Step Towards International Expansion

Provo, UTAH - TranzactCard has taken a significant step in its long-term strategy for international expansion by establishing a new position solely focused on global business development.

Jon McKillip, who previously served as the Head of Sales and Distribution at TranzactCard, has been appointed as the Global Ambassador for Business Development, reporting directly to the Board of Directors.

Following Jon McKillip's promotion to this global role, TranzactCard invited Bill Andreoli to assume Jon's former position.

Jon expressed, "While I've loved helping TranzactCard get off the ground in the USA, my experience and my connections are even more robust internationally than they are domestically."

Director and Co-Founder Peter Rancie commented on the new direction, stating, "We believe it's time for us to sow the seeds for international expansion." He added, "We still have a lot of work to do here; we haven't even launched yet in the USA. But TranzactCard has always been about delivering a big vision, and so we're determined to take that vision to the world, and not wait too long for the world to come to us."

Offering further insight, Director and Co-Founder Richard Smith advised DBOs, "We launch in the USA in November. Given what we've learned in the two and a half years since TranzactCard started, we estimate needing at least one to two years of preparation for each new market."

While Jon McKillip will maintain his strong ties in the USA to benefit TranzactCard, his interactions will increasingly emphasize an international perspective.

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Press Release
August 15, 2023

William J. Andreoli joins TranzactCard as President, Sales & Distribution Division

Povo, UTAH - TranzactCard, LLC, financial technology innovator and the founder of the soon-to-open Z-Club private marketplace, announced today that 34-year sales industry veteran and innovator, William J. "Bill" Andreoli, is joining TranzactCard as President of the USA Sales and Distribution Division, including all sales and marketing operations. Andreoli also brings with him his seasoned executive staff to complement TranzactCard's existing corporate team. Bill and his team will oversee field operations for all cardmembers and Digital Branch Offices, including training, customer onboarding, customer appreciation, and compliance.

"Joining the TranzactCard team is bringing the past two decades of my direct sales career full circle!" remarked Mr. Andreoli, when asked about his new role. "In 2003, I started a financial education and services company called Financial Destination. Our mission was simple; to bring financial literacy and sophisticated tools to people that wouldn't otherwise have them available. I'm proud to say that we helped to change thousands of lives in the process ... but if we had TranzactCard back then? We would have changed the world and become a household name in the process. THAT is the vision I have for TranzactCard. It's not only a great idea whose time has come, it's a financial tool that changes everything you thought you knew about the power of your money ... and best of all, everyone already knows how to use a bank card!"

When asked about Bill and his team, TranzactCard co-founder, Richard Smith replied, "I simply couldn't be more excited about Bill and his team joining TranzactCard. His reputation as an excellent coach and team builder is renowned; he is a perfect match for our growing family.

"As much as we praise and rely upon our proprietary technologies to do what we do for our customers, none of it works without the right people in the right places. This is a big move, and exactly at the right time."

Peter Rancie, the company's other co-founder and Director added "I'm often quoted as saying 'banking is hard', but I must admit that surrounding yourself with people of quality, integrity, and professionalism is often an even greater challenge. We welcome Bill and his highly experienced team to the TranzactCard family."

About TranzactCard - https://tranzactcard.com
TranzactCard, LLC is a financial technology ecosystem, with banking and card services provided by Solid Financial Technologies, Inc. and their partner banks, all members of the FDIC, pursuant to a license from Visa^®. Z-Club is TranzactCard's proprietary and private e-commerce platform available exclusively to TranzactCard members. Z-Bucks are used to buy down the retail price of products and services in Z-Club, as they are made available. TranzactCard is in prelaunch.

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