Alliance With Planet Payment Enhances Impressa's International Expansion
COLUMBIA, S.C., July 31 /PRNewswire/ -- Impressa, Inc., a software
development company that provides eBusiness solutions for small- and
medium-sized businesses, today announced that the company has chosen Planet
Payment and Go2Net's Authorize.Net (NASDAQ:GNET) as preferred providers of
bankcard processing and payment gateway services for its global base of
merchants. The alliance with Authorize.Net allows Impressa customers in the
U.S. to implement their online payment processing system within a matter of
hours. The Planet Payment partnership enhances Impressa's ability to expand
its product to other countries by utilizing Planet Payment's ability to
process eCommerce payments in over 140 different currencies.
The alliance with Authorize.Net solves a challenge that many small- to
medium-sized businesses face -- implementing an online payment system quickly.
The majority of merchant banks require that a business be in operation for
several years before approving them for an account. Authorize.Net is the
recognized leader in commerce enabling businesses, and has extremely fast
turnaround for implementation, with the majority of U.S. merchants'
applications approved within two hours.
Moving forward, Impressa will use Planet Payment as the preferred provider
for its international and multi-currency payment processing, greatly improving
the ease of expanding into new marketplaces. When an eBusiness product such
as Impressa's BizGear(TM) is introduced into a new country, it is typically
necessary for merchants to accept credit cards, which account for almost 95%
of Internet transactions, through an agreement with a local bank. However, in
most countries, it is difficult for eCommerce merchants to obtain the right to
accept credit cards. Planet Payment's leading international eCommerce payment
solutions provide eBusinesses anywhere with the ability to accept credit cards
online securely, in real-time, in almost any currency, providing the merchant
a trusted source for its payment needs.
Rich Cannon, CEO of Impressa, commented, "The addition of the
Authorize.Net functionality to BizGear will give our small- and medium-sized
business customers another competitive advantage by increasing their speed to
market. Additionally, as the international marketplace explodes, our
partnership with Planet Payment will ensure that Impressa can introduce
BizGear into new countries rapidly and efficiently."
"While most payment systems take weeks to get approved and implemented,
Authorize.Net's solution allows U.S.-based merchants to begin processing
transactions within hours," said Sloane Bouchever, Authorize.Net senior vice
president of business development. "We look forward to providing Impressa
customers with easily integrated, secure payment solutions."
Philip Beck, CEO of Planet Payment, said, "This partnership with Impressa
continues our mission to become the global leader in providing multi-currency
Internet payment solutions to merchants, technology companies and financial
institutions worldwide. Together with Impressa, we will help globalize
small-to-medium sized businesses and allow these businesses to realize the
full potential of eCommerce."
About Authorize.Net:
Founded in 1996 and acquired by Go2Net, Inc. (NASDAQ:GNET) in July 1999,
Authorize.Net is the preferred global payment-processing platform for
eCommerce providing server-based multi-currency payment solutions enabling
merchants to process transactions in a secure, real time environment, 24 hours
a day and in over 140 currencies as a result of our joint venture with Planet
Payment. More businesses are using Authorize.Net to process their transactions
over the Internet than any other provider in the world. Authorize.Net has
grown to include more than 82,000 clients, using a network of more than 885
ISOs and acquiring banks to resell its products and services. Authorize.Net
solutions process credit cards and electronic checks and work with any
business model including Internet, call-centers, and retail. For more
information on Authorize.Net, visit authorize.net.
About Planet Payment:
Planet Payment is a global leader in providing multi-currency Internet
payment solutions to merchants, technology companies and financial
institutions worldwide. Planet Payment's affordable solution enables Internet
merchants to securely accept Visa(R), MasterCard(R), American Express(R) and
other major debit and credit cards in over 140 currencies. The Planet Payment
Gateway, powered by Authorize.Net, (http://www.authorize.net) is compatible
with over 100 of the leading shopping cart technologies. For more information
visit planetpayment.com or contact Planet Payment at 212/980-5100
or by email at press@planetpayment.com.
About Impressa:
Impressa Inc., (http://www.impressa.com) headquartered in Columbia, SC, is
a software development company that provides eBusiness solutions for small-
and medium-sized businesses. Impressa is the leading solution provider in the
small- and medium-sized market for eCommerce solutions based on the Microsoft
platform. BizGear, Impressa's flagship product, enables the development,
deployment and management of affordable, eCommerce Web sites. Impressa works
with solution providers, vertical marketplaces and Internet Service Providers
to offer scalable, intuitive, and easy-to-use tools for businesses to
effectively compete on the Web.
CONTACT: Daniel Sieger of Robinson Lerer & Montgomery, 212-484-7442,
dsieger.rlmnet.com, for Impressa Inc.; or Kendra M. Romley of Go2Net, Inc.,
415-979-1402, or kendrar@go2net.com; or Thomas J. DeLuca of Payment Planet,
212-980-5100, or tdeluca@planetpayment.com
SOURCE Impressa Inc.
-0- 07/31/2000
/CONTACT: Daniel Sieger of Robinson Lerer & Montgomery, 212-484-7442,
dsieger.rlmnet.com, for Impressa Inc.; or Kendra M. Romley of Go2Net, Inc.,
415-979-1402, or kendrar@go2net.com; or Thomas J. DeLuca of Payment Planet,
212-980-5100, or tdeluca@planetpayment.com/
/Web site: authorize.net
planetpayment.com
impressa.com |
