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Strategies & Market Trends : ZixIt Corporation (ZIXI)

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To: jjs_ynot who wrote (580)	11/11/1999 10:07:00 AM
From: jjs_ynot	Read Replies (1) of 4120

XCIT@Home releases store builder suite for merchants: biz.yahoo.com The Excite StoreBuilder incorporates First Data Corp. (NYSE: FDC - news) Internet payment processing solutions, which include the SurePay® Payment Gateway and VirtualApp.com, its instant approval technology to obtain a merchant account. SurePay enables merchants to process credit card and electronic check transactions online, and soon will support cash transactions online. Excite@Home E-Business Services already enjoys extensive distribution through a number of channels, including hosting firms, banks, Web developers, and other leading resellers. FDC/IMAL moving locking up portals. This is a next-generation application suite and is a significant advance and a real threat to all of the e-commerce infrastructure providers, including ZIXI if they ever release their product. DISCLOSURE: I have followed IMAL for a while: Subject 21994 and have a small interest in IMAL now FDC and have a passing acquantaince with some of IMAL management.

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