To: nagrom who wrote (19059 ) 5/26/1999 8:21:00 AM From: Mandalou Respond to of 40688
Business in a Box PSInet joins the global party. I don't think this has been posted Tuesday May 25, 9:12 am Eastern Time Company Press Release SOURCE: National Data Corporation NDC eCommerce, PSINet and WorldPay to Deliver First End-to-End Store Front Internet Solution for Merchants Around the World ATLANTA, May 25 /PRNewswire/ -- NDC eCommerce, a leading Internet-related information network company, today announced a new strategic alliance with commercial Internet services provider PSINet, and UK-USA based WorldPay plc. The three leading Internet commerce providers will launch the first complete worldwide end-to-end credit and debit eCommerce solution that includes Internet connectivity, web hosting, store building capability, shopping cart applications, and direct business to business transactions in over 120 currencies. NDC eCommerce initially plans to launch these services to its hundreds of thousands of retail merchants across North America who are looking to expand distribution through the Internet as well as to virtual merchants selling exclusively via the Internet. NDC's comprehensive virtual storefront solution called E-Commerce in a Box©, enables merchants with no programming skills to build their own eCommerce store or integrate into an existing website in under 48 hours, using WorldPay's ''Click and Build.'' Internet access, website graphics and design services, software, turnkey PC support and hardware leasing will be components of the merchant package. E-Commerce in a Box uses PSINet's global IP network and hosting facilities, WorldPay's store building ''click and build'' software and secure multi-currency processing capabilities and NDC's secure payment processing technology. ''This strategic alliance will bring additional market-driven solutions to the retail and financial communities,'' said Thomas M. Dunn, NDC eCommerce chief operating officer. ''It builds upon our already strong Internet-based products and services and should be a valuable new solution for the large merchant base we currently serve.'' Harold S. ''Pete'' Wills, PSINet president and COO said, ''Unlike many bundled eCommerce solutions, this is a global first and we are delighted to team with NDC, a leader in payment processing, and WorldPay. Under this agreement, PSINet will provide both dedicated and LAN dialup Internet services.'' Nick Ogden, managing director for WorldPay said, ''This opportunity to penetrate the North American market through NDC's extensive network of retailers and bank merchant relationships is a real endorsement of the strength of our products and confirms our strategy of becoming a world leading eCommerce company. It is a significant boost for Britain's fast-emerging Internet industry.''