Commerce Online Announces Roll Out Of Pre-Paid Debit And ID Card Program With State Licensed Medical Marijuana Dispensaries and Collectives

Commerce Online Announces Roll Out Of Pre-Paid Debit And ID Card Program With
State Licensed Medical Marijuana Dispensaries and Collectives

- Company to issue branded, photo id pre-paid debit card to medical
marijuana collectives as a cash only alternative

PALM BEACH, FL, Oct. 21 /PRNewswire-FirstCall/ - Commerce Online Inc.
(Pinksheets: CMIB - News) (www.commerceonlineinc.com), a leading company
specializing in both bricks and mortar and online merchant payment solutions,
today announced the initial launch of a branded, pre-paid debit and ID card
for licensed medical marijuana dispensaries and collectives operating within
the states of California and Colorado.
In an effort to keep these collectives within the guidelines of CA Proposition
215 and SB 420, the Commerce pre-paid debit/stored value ID card will offer a
unique cash alternative to these regulated dispensaries for both suppliers and
members of collectives. Under new legal guidelines to be issued by the Obama
administration no longer seeking prosecution of medical marijuana users or
suppliers as long as they conform to state laws, Commerce Online will seek to
capitalize on this presently untapped and much needed solution.
"Fourteen states presently allow some use of marijuana for medical purposes:
Alaska, California, Colorado, Hawaii, Maine, Maryland, Michigan, Montana,
Nevada, New Mexico, Oregon, Rhode Island, Vermont and Washington. California
is unique among those for the widespread presence of dispensaries - businesses
that sell marijuana and even advertise their services. Colorado also has
several dispensaries, and Rhode Island and New Mexico are in the process of
licensing providers", according to the Marijuana Policy Project, a group that
promotes the decriminalization of marijuana use.
"Being an established player within the merchant services sector and aligning
ourselves with the strongest banking and technology partners within the space,
we believe Commerce Online is uniquely positioned to offer the most reliable
pre-paid debit and identification card to the medical marijuana industry, and
roll out our pilot program immediately. Presently, most of these operations
only accept cash, as well as pay cash to suppliers to the collectives,
subjecting operators and collective members to theft, unregulated and
potential criminal activity. There is no doubt that with new legislation for
the operation of these facilities and potential legalization in select states,
there will be tighter safeguards put into place by federal, state and local
governments." Stated Kyle Gotshalk CEO of Commerce Online.
"The Commerce branded, pre-paid debit and ID card will be marketed through our
new Collective Card Services division, and may be loaded to any denomination
of funds through a PCI compliant gateway, via the Internet, POS system or
PayPal Account by the member of the collective or medical dispensary . Members
of each collective will be provided a card as a registered member. The card
will have a photo id, and act as a pre-paid debit card branded and recognized
by the collective. Funds may be transferred by the registered user via
internet, POS, or mobile phone. In case of theft or loss, the card may be
cancelled immediately through an 800 number provided or online. The card will
also act as the Collective member's identification having Picture ID, medical
id number identifying him/her as a collective member, the collective name, and
expiration date of membership. With recent economic issues and more stringent
requirements within the banking industry, many Americans may no longer have or
qualify for a credit card or checking account to pay for essential needs or
medical services and do not want to exchange or carry large amounts of cash to
these locations. The Commerce Online "GreenCard" will essentially be the
logical choice as a low cost, effective cash alternative to regulated medical
marijuana industry", further stated Mr. Gotshalk.

About Commerce Online Inc.

Commerce Online Inc. (www.commerceonlineinc.com) is positioned to become a
market leader in both online and wireless merchant payment solutions. The
Company offers a full spectrum of secure and reliable transaction processing
solutions using traditional, Internet Point-of-Sale (POS), e-commerce and
mobile (wireless) terminals in conjunction with Industry Alliance Partners.
The Company's Alliances provide electronic payment processing suite of
services enabling merchants to accept all major credit and debit cards, as
well as ATM cards and ACH check drafts for payment whether a retail, service,
mail-order or Internet merchant. As an industry leader, Commerce Online is
dedicated to delivering comprehensive services, such as merchant account
activation, gateway connections, Web development and social network engines to
a worldwide client base.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material contains
statements about expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties. Such
forward-looking statements by definition involve risks, uncertainties and
other factors, which may cause the actual results, performance or achievements
of commerce Online Inc. to be materially different from the statements made
herein.

CONTACT: info@commerceonlineinc.com, Investor Relations, (561) 868-6880

SOURCE Commerce Online Inc.

info@commerceonlineinc.com, Investor Relations, (561) 868-6880