NEWS****
**PNET NEWS** (PR NEWSWIRE) Phon-Net Announces Strategic Alliance with
Virtual Merchant Phon-Net Announces Strategic Alliance with Virtual Merchant Inc., A
Leader in Credit Card Services
Key Point to the PNET's technology: "A web presence
now means the merchant's potential customers can find them on the internet and then
call the merchant without having to go off line. Small businesses with limited budgets and
personnel can now reach around the globe and compete with the bigger rivals.
BURNABY, British Columbia, March 26 /PRNewswire/ -- PHON-NET through
BCDONLINE, has formed a strategic alliance with Virtual Merchant, Inc., a
national leader in providing merchant services and e-commerce solutions, to
provide online merchants with a complete internet marketplace solution, Web
Design, Hosting, Internet Access, Merchant Accounts (accepting credit card
payments), Online Processing (of credit card and check payments), Virtual
Mall, and Phon-Net's Direct Connect.
Virtual Merchant's extensive technology experience and marketing
capabilities, coupled with their merchant services and online processing
prowess has created one of the most powerful resources available to internet
merchants. "When you add Phon-Net Direct Connect to that mix, the merchant
has the most complete solution available today," stated Virtual Merchant.
Direct Connect now makes it possible for a customer to speak with a
merchant at the same time they are visiting that merchant's website. Direct
Connect is the ideal product for merchants that thought they could use a
presence on the world wide web either because they don't sell on-line or
because they don't have time and resources to monitor e-mails. A web presence
now means the merchant's potential customers can find them on the internet and
then call the merchant without having to go off line. Small businesses with
limited budgets and personnel can now reach around the globe and compete with
the bigger rivals.
Virtual Merchant offers merchants the most advanced on-line processing
programs and the opportunity to secure merchant accounts. Merchant Accounts
are the means by which merchants are able to accept credit card payments from
their customers. Accepting credit cards, particularly on-line, has proven to
be indispensable for merchants who want to grow and prosper on the internet.
For additional information on Virtual Merchant visit them at their
website, virtualmerchant.com. To demo Phon-Net software go to:
bcdonline.com.
All forward-looking statements made by Phon-Net Corporation involve
material risks and uncertainties and are subject to change based on factors
beyond Phon-Net Corporation's control. Accordingly, Phon-Net Corporation's
future performance and financial results may differ materially from those
expressed or implied in any such forward-looking statements. Such factors
include, without limitation, those described in Phon-Net Corporation's filings
with the United States Securities and Exchange Commission. Phon-Net
Corporation does not undertake to publicly update or revise its forward-
looking statements even if experience or future changes make it clear that any
projected results expressed or implied therein will not be realized.
SOURCE Phon-Net Corporation
-0- 03/26/99
/CONTACT: Investor Relations of Phon-Net, 800-441-6584/
/Web site: virtualmerchant.com |
