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OnlineOfficeSupplies.com to Offer Cybercash's Single-Click InstaBuy Service to Customers
November 11, 1998
FREDERICK, Md.--(BUSINESS WIRE) via NewsEdge Corporation --
OOS adds latest e-commerce technology to make online purchasing
easier and safer
OnlineOfficeSupplies.com, a Web-based office supply superstore, announced today that it is one of the first Web merchants to offer CyberCash's innovative InstaBuy(TM) Service to its customers as an easier and more efficient way to purchase office supplies online.
"Our goal is to help companies save time and money by streamlining the procurement of office supplies," said Paula Jagemann, CEO of Online Office Supplies Company. "With this technology, we are giving our customers another huge advantage in that process. Most of our customers order regularly from over 30,000 items and, not having to punch in their personal information over and over again saves them an unbelievable amount of time and energy. Now they can just point, click and buy."
Available immediately to OOS shoppers, the InstaBuy Service allows Online Office Supplies' customers to purchase items without having to enter information such as name, address and credit card numbers, every time they purchase. The service is designed to dramatically increase the efficiency of merchant sales by enabling single-click purchasing for online consumers at any InstaBuy enabled merchant site on the Internet.
The first time a consumer makes a purchase at OnlineOfficeSupplies.com using InstaBuy, they are asked to enter certain information like name, shipping address, credit card number and expiration date. The information is then stored and secured by CyberCash and its participating financial institution, First USA. When the shopper makes a purchase later at OnlineOfficeSupplies.com or any InstaBuy enabled merchant site, the consumer simply types in their password, verifies that the information is correct and completes the purchase with a single click of a mouse.
"We pride ourselves on our ability to give customers the newest technology to make online shopping even easier," said Paula Jagemann. "CyberCash is one of the most trusted names in e-commerce and we are thrilled they chose us as a partner for this innovative service. We believe the InstaBuy process will be the transaction medium for all future Internet purchases."
About Online Office Supplies Company
Online Office Supplies Company is a Web-based office supply superstore offering the lowest nationwide prices for over 10,000 products. The company was co-founded by CEO Paula Jagemann. The board of directors include John Sidgmore, COO and Vice Chairman, WorldCom and CEO, UUNET (NASD: WCOM); Mory Ejabat, CEO, Ascend Communications (NASD: ASND); Daniel Rosen, General Manager New Technology, Microsoft Research (NASD: MFST); Sky Dayton, Chairman & Founder, EarthLink Network (NASD: ELNK);Don Clarke, CFO, Net2000; and Chris Scatliff, CEO, UUNET Canada. Primary Technical Advisor is Michael O'Dell, Chief Scientist, UUNET. Online Office Supplies Company's executive offices are located in Frederick, Md and can be contacted at 301-874-3320 or via email at info@OnlineOfficeSupplies.com
About CyberCash
CyberCash is the world leader in secure, convenient payment technologies and services, enabling e-commerce across the entire market spectrum from electronic retailing environments to the Internet. CyberCash provides a complete line of software products and services allowing merchants, billers, financial institutions and consumers to conduct secure transactions using the broadest array of popular payment forms. Credit, debit, purchase cards, cash, checks, smart cards and alternative payment types (e.g., "frequent buyer" or loyalty programs) are all supported by CyberCash payment solutions. Leading brands of CyberCash and its subsidiaries include ICVERIFY(R), PCVERIFY(TM), CashRegister, NetVERIFY(TM), CyberCoin(R) and PayNow(TM). www.cybercash.com
CONTACT: Allison Stallone Elizabeth Dobelbower | Merritt Group, Inc. Online Office Supplies Company | 703-435-6000, ext. 117 800-947-1773
[Copyright 1998, Business Wire]
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