(COMTEX) B: 21st Century's prizeWise Announces New Payment Options for Sel
ers; New Feature Increases Sales 27%
B: 21st Century's prizeWise Announces New Payment Options for Sellers; New Featu
e Increases Sales 27%
LAS VEGAS, Sep 27, 2004 (BUSINESS WIRE) -- 21st Century Technologies, Inc.'s
(OTCBB:TFCT) portfolio investment company, prizeWise, Inc., today announced the
implementation of additional payment options for sellers on its online trading
platform. Since implementing the feature last week, daily sales have climbed
27%.
prizeWise members can now choose to have funds transferred by PayPal(R) for
prizes they have sold. Additionally, they can choose to accept a quantity of
prizeWise coupons and incidental tickets equal to the dollar amount of their
pending payment.
Previously, sellers were only paid with checks sent to them by way of
traditional mail. This default method is still available to members.
Steve Rinehart, president of prizeWise, commented, "We added each of the
features for different reasons. PayPal(R) allows merchants who are in a hurry to
get paid quickly, and the Coupon and Ticket Transfer feature lets those who want
to bid on prizes to do so without the company having to pay merchant fees on the
transactions."
The Coupon and Ticket Transfer feature was developed as more and more sellers
requested that prizeWise customer service convert their payment into coupons and
tickets for them.
"It sped up the payment process and allowed them to re-invest in the system
immediately. The process was time consuming for us on the back end, so we
automated it for efficiency's sake," Rinehart continued.
Rinehart also said, "Each time a seller chooses to be paid in coupons and
tickets, it serves as a new sale for the company."
21st Century Technologies is a Business Development Company, operated pursuant
to the Investment Companies Act of 1940. It holds various enterprises as
investments and seeks to grow companies in which it has an interest.
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995:
The statements which are not historical facts contained in this press release
are forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, regulatory approval processes, the impact of competitive
products or pricing, technological changes, the effect of economic conditions
and other uncertainties as may be detailed in the Company's filings with the
Securities and Exchange Commission.
SOURCE: 21st Century Technologies, Inc.
CONTACT: For 21st Century Technologies, Inc.
Andrew Beyer, 909-587-8072
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEVADA
INDUSTRY KEYWORD: RETAIL
BANKING
E-COMMERCE
INTERNET
PRODUCT
*** end of story *** |
