In case everyone didn't catch it..............
December 17, 1996
AOL PrimeHost's Affordable E-Commerce Package to Incorporate
CyberCash Real-Time Credit Card Processing
Online Retailers to Close Sales Quickly Using Secure Internet
Payment Services with AOL PrimeHost
DULLES, Va., Dec. 17 / -- AOL PrimeHost, America Online, Inc.'s (NYSE: AOL) Web hosting service, today announced that its Storefront Solution online storebuilder will incorporate CyberCash for real-time credit card authorization and processing beginning in January 1997.
Storefront Solution with CyberCash will provide AOL PrimeHost's Commercial-level web hosting customers with secure, instantaneous transactions in addition to the storebuilder's powerful e-commerce tools including third party ID authentication with a unique VeriSign Digital ID(SM), point-and-click browser-based storebuilder software and state-of-the-art transaction security with secure socket layer(SSL). Priced at $100 per month for unlimited transactions, this new e-commerce solution will be among the most comprehensive, yet affordable, packages available to any size business looking to sell products and services on the World Wide Web.
With CyberCash, secure credit card authorizations on AOL PrimeHost's Storefront Solution will only take seconds -- from the shopper's decision to make a purchase, to notification of credit approval. Not only are CyberCash and Storefront Solution browser independent, but CyberCash's connection to over 95% of U.S. merchant banks and credit card processors enables merchants to use their choice of bank accounts.
"With Storefront Solution, AOL PrimeHost delivers a feature-rich and affordable commerce package so that our merchants can take full advantage of the sales potential of the Internet," said Carlie Ross, general manager, AOL PrimeHost. "Storefront Solution merchants will leverage CyberCash secure credit card transaction services to convert casual Web storefront window shoppers into confident buyers."
"We can't afford not to take advantage of every opportunity to drive more Web sales and close the transaction loop quickly," said Curtis Palmer, vice president and technical director, Mark Palmer Design (www.landesslezak.com). "With an easy to use and affordable package such as Storefront Solution, businesses like ours are well on the way to turning the Web into a bustling marketplace on par with shopping malls, stores and catalogs in the physical world."
"CyberCash is excited to be working with AOL PrimeHost and their Storefront Solution merchants to bring consumers a variety of products and services in a secure online shopping experience," said Denis Yaro, executive vice president, products and operations, CyberCash, Inc. "With CyberCash's Internet payment solutions and the consumer power of AOL, merchants will have easier access to the electronic commerce marketplace and the tools to build and manage an online storefront."
Pricing/Service Levels/Availability
PrimeHost Storefront Solution is currently available. Storefront Solution including CyberCash services will be available in January 1997. For PrimeHost customers engaged at the Commercial or Dedicated Web hosting service levels, Storefront Solution including store builder software, security and authentication, unlimited credit card transaction processing, and a VeriSign Digital ID (as re-sold by AOL PrimeHost) is $300 for start-up and $100 per month thereafter.
"I am using PrimeHost's Storefront Solution for our business because it works substantially better than any other product that I have tested," said Hoy Quan, The Kite Store (http://www.bfknet.com). "Storefront Solution is extremely easy to set up and we had people with no programming experience enter new products within minutes. It provides us the platform to bring our business to the Web and it puts us in a very competitive position."
AOL PrimeHost backs its Storefront Solution with toll-free technical support from 8 a.m.-8 p.m. EST, Monday-Friday, and with Web-based technical support at support@primehost.com. Information on PrimeHost Storefront Solution is available by calling 1-888-AOL-1111 or at primehost.com where an example store is available for review.
About the companies
CyberCash, Inc., of Reston, Va., founded in August 1994, is a leading developer of software and service solutions for secure financial transactions over the Internet. The CyberCash system is designed to allow banks to offer secure Internet payments to their customers. CyberCash works with virtually all financial credit card processing institutions, and is currently working with Visa and MasterCard to develop and implement the Secure Electronic Transaction (SET) protocol for online credit card transactions.
AOL PrimeHost, established in July 1996 and formerly branded as NaviSoft, combines unparalleled experience in Web hosting with a complete Web authoring environment. Supported and maintained by America Online's corporate infrastructure, AOL PrimeHost seeks to offer the best in available online commerce and Web site solutions for small to large businesses. Among AOL PrimeHost's suite of products and services are the award-winning publishing tools AOLserver(TM) and AOLpress(TM), e-commerce building tools including Storefront Solution, and incentive programs including Sign On A Site, Creative Partners and Hosting Referral.
America Online, Inc., based in Dulles, Virginia, is the world's most popular Internet online service, with nearly 7 million members worldwide. AOL offers its subscribers a wide variety of services including electronic mail, conferencing, software, computing support, interactive magazines and newspapers, and online classes, as well as easy and affordable access to services of the Internet. Founded in 1985, AOL today has a global workforce of more than 5,000 people. Personal computer owners can obtain America Online software at major retailers and bookstores or by calling 800-827-6364.
NOTE: VeriSign is a service mark and trade mark of VeriSign, Inc. Digital ID is a service mark of VeriSign, Inc.
/CONTACT: Jim Sheehan or Charlotte McCormack of The Weber Group, Inc., 617-520-7030 or 617-520-7063 or jmsmuldoon@aol.com or camccormac@aol.com/ |
