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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?

To: Benny Baga who wrote (2493)	12/7/1998 8:17:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 3990

ORACLE/ Oracle ships Oracle Payment Server 1.1 December 7, 1998 M2 PRESSWIRE via NewsEdge Corporation : * A complete payment solution for electronic commerce and other business applications Software enables electronic payment in both consumer and business applications At the Bank Administration Institute's (BAI) Retail Delivery show today, Oracle Corp. announced the general availability of Oracle Payment Server 1.1, an integrated payment-processing solution that allows businesses to payment-enable electronic commerce and other business applications. Oracle Payment Server enables companies to add electronic payment- processing to any Web or client/server application through payment systems from third-party vendors such as Verifone, ICVERIFY and CyberCash, as well as regional and homegrown payment systems. Oracle Payment Server 1.1 is also integrated with Oracle Internet Bill & Pay, Oracle Internet Commerce Server, Oracle Web Customers, and Oracle Accounts Receivable, allowing companies to immediately payment-enable both consumer and business applications. "Tantalus is using Oracle Payment Server to payment-enable electronic commerce applications for our clients," said Patrick Whelan, president of Tantalus Communications Inc. "Payment Server allows us to easily integrate payment functionality from one or more payment systems into these applications and do so in a way that shields our clients from changes in payment technology and standards. We are particularly pleased with the robust API that has allowed us to integrate Payment Server into e-commerce applications in record time. " Key benefits of Oracle Payment Server include the following: * Integration with a wide range of payment-processing systems, allowing businesses to offer a flexible set of payment options to their customers and dramatically lower implementation and maintenance costs; * Rules-based payment processing, allowing businesses to incorporate their existing business operations, rules and procedures, and lower costs by controlling relationships with payment-processing vendors; * Security through support for industry standards such as SSL 3.0 and SET 1.0; * Integration with Oracle Internet Bill & Pay, Oracle Internet Commerce Server, Oracle Web Customer, and Oracle Accounts Receivable and a single, open API to integrate with any Web- based or client/server application; * Support for both single and multiple-site installations of electronic commerce or client/server applications, allowing both stand-alone businesses and Internet Service Providers to offer electronic payment processing. "Oracle Payment Server provides businesses with a simple, clearly-defined way to add electronic payment capabilities to their consumer and business applications," said Andy Felong, vice president of the Internet Applications Division at Oracle. "Businesses can either do the integration through the open API that Payment Server offers or leverage its integration with other applications such as Oracle Internet Bill & Pay." Product Availability Oracle Payment Server 1.1 is available immediately. Included in the Oracle Payment Server bundle is the Oracle Payment Server 1.1 cartridge, Oracle Application Server 3.0.1, a restricted-use license of Oracle8 release 8.0.5, the VeriFone vPOS payment cartridge, the ICVERIFY payment system cartridge, and the CyberCash Cash Register (Credit and Coin) cartridge. Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest independent software company. With annual revenues of more than $7.5 billion, the company offers its database, application server, tools, and application products, along with related consulting, education, and support services in more than 140 countries around the world. For more information about Oracle, please call 650/506-7000. Oracle's World Wide Web address is (URL) oracle.com. Trademarks Oracle is a registered trademark, and Oracle8 is a trademark or registered trademark of Oracle Corp. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES. <<M2 PRESSWIRE -- 12/03/98>> [Copyright 1998, M2 Communications]