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ADVISORY/ Europe's Top eCommerce Provider Seeks U.S. Market Share; WorldPay CEO Will Discuss Expansion and New Products in U.S. Visit.


Business Editors

ADVISORY...for Monday-Friday (July 10-14)

--(BUSINESS WIRE)

Nick Ogden, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and founder of one of the world's leading eCommerce companies, WorldPay, Ltd. (www.worldpay.com), will be in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Monday, July 10 through Friday, July 14 to offer media briefings.

WorldPay's eCommerce solution is the only truly integrated, global-ready application on the market, helping it to secure leadership in the European market and having grown seven-fold in the past several months. WorldPay already has several offices in the U.S. and Ogden's trip will be used to aggressively launch the second phase of expanding WorldPay's presence in this key market.

Snapshot of WorldPay services:

-- WorldPay can build a complete, affordable eCommerce site from

storefront and Internet trading account Trading Account

1. An account similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer.

2. An account held at a financial institution and administered by an investment dealer that the account holder uses to employ a
 to payment gateway

setup and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 -- in as little as 48 hours

-- Multi-currency capability enabling customer purchases in 169

currencies with settlement in 22 currencies

-- WorldPay acts as a Trusted Third Party In cryptography, a trusted third party (TTP) is an entity which facilitates interactions between two parties who both trust the third party; they use this trust to secure their own interactions. TTPs are common in cryptographic protocols, for example, a certificate authority (CA).  to ensure the secure

transaction of payment details to ensure successful and secure

online payment transactions for both the retailer and the

consumer.

Ogden is announcing a significantly enhanced, 3.0 version of its proprietary, eCommerce site-building software, Click and Build, available at retail and via multiple channels this summer.

Ogden will also discuss:

-- major new strategic business alliance agreements with partners

including eCongo, UPS and Deloitte & Touche

-- new Business to Business offering

-- other U.S. expansion news

Business partners include British entrepreneur Richard Branson Sir Richard Charles Nicholas Branson (born 18 July 1950 (1950--) (age 57) in Shamley Green, Surrey, England), is a British entrepreneur, best known for his Virgin brand of over 360  and his Virgin Internet venture (www.virginbiz.net), National Westminster Bank (www.natwest.co.uk), PSINet and CardService International. Its over 4,000-member customer base constitutes a diverse range from Twinings and Argo to The Cranberries and from The Princess Diana Noun 1. Princess Diana - English aristocrat who was the first wife of Prince Charles; her death in an automobile accident in Paris produced intense national mourning (1961-1997)
Diana, Lady Diana Frances Spencer, Princess of Wales
 Memorial Fund and Amnesty International Amnesty International (AI,) human-rights organization founded in 1961 by Englishman Peter Benenson; it campaigns internationally against the detention of prisoners of conscience, for the fair trial of political prisoners, to abolish the death penalty and torture of  to charge.com.

Ogden was also recently named "Emerging Entrepreneur of the Year" for Europe's Central Region. He is considered an industry thought-leader on key global eCommerce growth issues, including the future of the wireless application protocol in the U.S.; e-tailing's next wave, cashless economy, security and privacy, impact of technological and digital convergence.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Jul 7, 2000
Words:341
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