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

To: AugustWest who wrote (2534)	12/21/1998 2:01:00 PM
From: Jim Fraser	Read Replies (3) \| Respond to of 3990

This is just catch-up action, everyone is waiting for CYCH to break 20, then you will hear some chatter. :-)

To: AugustWest who wrote (2534)	12/21/1998 4:55:00 PM
From: chirodoc	Respond to of 3990

CyberCash Technology Selected for Barclays 'ePDQ' Internet Payment System in United Kingdom Business Wire - December 21, 1998 08:18 RESTON, Va.--(BUSINESS WIRE)--Dec. 21, 1998--CyberCash Inc. (Nasdaq:CYCH), the world leader in e-commerce payment technologies and services, announced today that Barclays Merchant Services has selected CyberCash's secure payment technology as the foundation of Britain's first bank-owned Internet payment system. Barclays Merchant Services, which handles the credit and debit card purchases at over 125,000 shops and businesses across the UK, will offer ePDQ, a 'virtual' version of Barclays Merchant Services' PDQ point-of-sale terminals used by UK businesses to process credit and debit card transactions. ePDQ works in the same way as the point-of-sale terminals, but over the Internet. "We are very proud to work with Barclays Merchant Services on this important project," said Bruce Wilson, executive vice president, global business development at CyberCash. "Barclays Merchant Services has taken an important step in offering its customers the convenience of online shopping and adding to the dramatic worldwide development of electronic commerce." The ePDQ service is similar to CyberCash's innovative CashRegister Internet payment service already available to merchants in the United States. Merchants can provide a full, online shopping experience to their customers with the benefit of a payment service providing credit card payment authorization and settlement to their bank account. The service operates 24 hours a day, seven days a week, enabling sales to be competed with customers all over the world, regardless of differences in time zones. "ePDQ provides the opportunity for UK businesses to begin trading online," said Tony Slater, sales and marketing director of Barclays Merchant Services. "Security and credibility are important when accepting payments over the Internet, and ePDQ gives retailers greater piece of mind