MRTO: MerchantOnline.com Unveils Time-Saving, Secure RememberMe
Billing; Latest Service Keeps Web Buying Convenient and Safe...
BOCA RATON, Fla., Nov 1, 1999 (BUSINESS WIRE) -- Shopping online can
be quicker and more secure with the newest technology available for
e-commerce merchants.
MerchantOnline.com Inc. (OTCBB:MRTO), a leader in providing one-stop
solutions for merchants who set up shop in the Internet, announced
today the release of its time-saving RememberMe Billing service, which
will slash the amount of time consumers spend making purchases on the
Internet. RememberMe Billing offers more features and security than
some similar services, and is available at no extra cost to all
merchants serviced by MerchantOnline.com.
With RememberMe Billing, consumers shopping on any website serviced by
MerchantOnline.com need only to enter their billing and shipping
information once with their first purchase. After that, the information
is stored on a "cookie," and pop-up order forms for all other purchases
automatically are filled in with the customer's addresses and phone
numbers.
"RememberMe Billing saves our clients' customers the often lengthy
process of typing in the same data on every purchase," said Tarek
Kirschen, MerchantOnline.com President and CEO. The system also allows
customers to change their information at any time. The only information
customers will have to add for each purchase is their credit card
number and expiration date.
"Our product offers more security than other similar services on the
market," said Kirschen. "Those systems not only store billing and
shipping information, but they also require consumers to store a credit
card number and expiration date on their computers. This can cause
problems if the wrong person finds that information stored on your
desktop computer." Also unlike other services, RememberMe Billing
allows consumers to make purchases with a variety of credit cards, and
does not limit them to just one.
Companies with similar services on the market include Amazon (Nasdaq:
AMZN), American Express (NYSE: AXP), America Online (NYSE: AOL),
Cybercash (Nasdaq: CYCH), Ebay (Nasdaq: EBAY), Go2Net (Nasdaq: GNET),
iMALL (Nasdaq: IMAL), Microsoft (Nasdaq: MSFT), and Yahoo (Nasdaq:
YHOO).
Founded in December 1997, MerchantOnline.com provides businesses with
real-time credit card processing, shopping cart services, online
checking transactions and secure hosting services at prices unmatched
in the industry.
Forward-looking statements in this release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the company's products, increased
levels of competition for the company, new products and technological
changes, the company's dependence upon third-party suppliers,
intellectual property rights and other risks detailed from time to time
in the company's periodic reports to the Securities and Exchange
Commission.
For more information, visit www.MerchantOnline.com.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Fitzgerald Productions, Inc., Coral Springs, Fla.
Elaine Fitzgerald or John Massey
954/345-5342
or
Investor Relations:
Excel Financial Services
Attn: Kevin Spencer, 561/997-5828
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