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3/13/2000
ECX Goes Global With Planet Payment Gateway To Provide Worldwide On-Line Transaction Solutions For International Businesses
IRVINE, Calif., March 13, 2000 -- E-Commerce Exchange (ECX), a leading Internet payment service provider, announced it will offer a state-of-the-art gateway to set up international on-line merchant accounts and provide one stop e-commerce payment solutions to businesses worldwide, effective immediately. Merchants around the globe will be able to boost their profits and expand their sales territory by accepting credit card payments over the Internet through ECX.
"We're excited to expand our scope and be able to assist international merchants with their on-line transactions," said Thomas Stridiron, Division Vice President of ECX. "With ECX, the promise of e-commerce will now be realized by small businesses around the globe, not just in the U.S."
The gateway, provided by Planet Payment, an international payment solutions provider, will allow ECX to offer e-businesses in every hemisphere the ability to accept credit cards on-line, in real time, and in most currencies via a system that is compatible with most shopping cart technologies. Now ECX can now set up small businesses around the world with merchant accounts to accept on-line payments in multiple currencies, a need that most transaction service providers do not satisfy.
Notes Philip Beck, CEO, Planet Payment, "We are very excited about our evolving relationship with ECX. It is through resellers like ECX that we as a company will be able to achieve our goal of providing e-businesses anywhere with the ability to accept payment online, in real-time, in almost any currency.
Planet Payment's affordable solution enables Internet merchants to accept Visa®, MasterCard®, and American Express® credit cards and is compatible with most shopping cart technologies using its state-of-the-art payment gateway powered by Authorize.Net.
ECX will initially begin offering its services in Canada, the Caribbean and Latin America.
About Planet Payment
Planet Payment (www.planetpayment.com) provides e-businesses -- anywhere -- with the ability to accept credit cards online, in real-time, in almost any currency. To get up and running, e-businesses need a credit card merchant account and secure payment gateway. To maximize the global opportunity presented by e-commerce, merchants will need to accept payments in multiple currencies. Planet Payment's affordable solution enables Internet merchants to accept Visa(R), MasterCard(R), and American Express(R) credit cards and is compatible with most shopping cart technologies using its state-of-the-art payment gateway powered by Authorize.Net (http://www.authorize.net).
About E-Commerce Exchange
Irvine, Calif.-based E-Commerce Exchange (ECX), established in the co-founders garage in 1989, understands the difficulties start-up and small businesses face. Now a company with over a dozen affiliate offices and more than 200 employees nationwide, ECX dedicates its services to small and home-based businesses, business owners with limited credit, and others considered non-conventional, and therefore high-risk, by banks. With a 95 percent approval rate for merchant account applications, ECXs rapid processing allows merchants to accept credit cards within days. ECX offers a variety of products including web storefront design and construction, setup of merchant credit card accounts and secure online credit card and check processing. The company recently received a $30 million capital infusion from venture capital firm Summit Partners, L.P. For more information on the company, contact E-Commerce Exchange at (800) 748-6318 or visit the company's web site at www.ecx.com.
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