To: CocoBob who wrote (2911 ) 11/22/1999 11:04:00 PM From: LABMAN Respond to of 3243
what are the chances of Cybersurf doing a deal with the ROYAL BANK ROYAL BANK OF CANADA Royal Bank links Canadian retailers with on-line shoppers in one of the largest on-line shopping directories in Canada Two-thirds of Canadian on-line purchases currently done in U.S. TORONTO, Nov. 22 /CNW/ - Royal Bank today launched one of Canada's largest on-line shopping directories which brings small and large on-line merchants together with the 41,000 consumers who visit royalbank.com each day. On-line shoppers can now book mark a single Internet URL (www.royalbank.com/cards/shopping) for access to more than 250 Canadian merchants with the assurance that credit card transactions are being processed through Royal Bank. ''This is an opportunity to bring Royal Bank's merchant clients together with shoppers and provide a one-stop on-line shopping experience that is safe and convenient,'' says Frank Moore, vice-president, merchant services for Royal Bank. ''With this on-line merchant directory, we hope to reverse the trend that currently sees almost two thirds of Canadians turning to the U.S. for their on-line purchases.'' Whether you are looking for flowers, books, gifts, CDs, electronics, travel, computers, clothing, pet food, home and garden accessories, survival gear and more, you'll find it all in one place - in Canada. A donations section also links to a dozen Canadian non-profit groups. ''This new on-line merchant directory truly demonstrates that Royal Bank cares about small business,'' says Cellie Gonsalves, owner of www.cyberflowers.com. ''This directory will give added exposure and credibility to Cyberflowers.com and promote our Canadian site to Canadians. It levels the playing field and helps eliminate the advantage that big business has over small business on the Internet today. The timing of the launch - in advance of the Christmas shopping season - is also a big plus.'' ''It's all about providing consumers with the very best products and services using the latest technology,'' says Tony Partipilo, vice-president, marketing at RadioShack Canada. ''Two of the most trusted brands in their respective industries - Royal Bank and RadioShack - are pleased to be working together to make on-line shopping easier for consumers across the country.'' ''As predictions for the growth of retail sales on the Internet reach new heights, it's time for both shoppers and retailers to get on-line,'' adds Moore. ''This on-line shopping directory, the largest to be offered by any bank, is another example of how Royal Bank is enabling the growth of e-commerce in Canada.'' Find Royal Bank's Shopping On-line Directory at www.royalbank.com/cards/shopping and click on Shopping On-line. For information on how to participate in the directory or to register, merchants can visit a link to Royal Bank's Merchant Resource Centre at www.royalbank.com/cards/shopping/resource or call 1-800-268-8644. Royal Bank (RY) is a global financial services group and a leading provider of personal and commercial banking, insurance products, wealth management, and corporate and investment banking. The bank and its key subsidiaries Royal Trust, RBC Dominion Securities, RBC Insurance, and Royal Bank Action Direct have approximately 52,000 employees (on a full-time equivalent basis) serving 10 million clients through more than 1,400 branches and offices in over 30 countries. /Note to editors: For news tips and tools visit NewsRoom at www.royalbank.com/newsroom. Royal Bank's new Web site is a one-stop source for news, commentary and downloadable materials about the bank and its member companies./ -30- For further information: Lucie Caron, Corporate Communications, (416) 974-1756; John Pagliaro, Internet Commerce, Merchant Services, (416) 348-6522