ATS Internet Payment Gateway Integrates eCHARGE Billing Option to Be Used By IBM Home Page Creator and Others.LOS ANGELES--(BUSINESS WIRE)--Sept. 22, 1998-- Allows Merchants to Easily and Securely Charge Internet Purchases to Client's Phone Bill Automated Transaction Services Inc. a foremost Payment Service Provider (PSP (PlayStation Portable) See PlayStation. ), and eCHARGE(TM) Corp. announced a system integration expected to help companies maximize e-commerce on the Internet and simplify everyday business transactions. Recently ATS was chosen to provide its payment gateway solution for IBM's HomePage Creator in the U.S. and Canadian trading zones The metaphor of a trading zone is being applied to collaborations in science and technology. The basis of the metaphor is anthropological studies of how different cultures are able to exchange goods, despite differences in language and culture. . Now ATS will be able to offer thousands of merchants another safe and easy alternative billing option. The ATS agreement with eCHARGE(TM) will extend the convenience of electronic commerce to millions of consumers who do not use checks or credit cards for online payments. Merchants will be able to offer their customers the option of charging transactions to their local phone bill. "The eCHARGE transaction system offers an elegant, common-sense solution to conducting electronic commerce," said Ron Erickson, eCHARGE Chairman and 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. . "Our customers recognize the value eCHARGE brings. We look forward to being a major participant in the new online economy." "ATS continues to distance themselves as the leader in e-commerce by adding value to our fully integrated and supported Internet Payment Gateway," states Charles True, VP of ATS Sales and Marketing. "The ATS Internet Payment Gateway allows merchants to process ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to and real-time credit card transactions over the Internet, and now with eCHARGE, we can even charge the transaction to the customer's phone bill." The agreement offers companies another way to take advantage of the increasing number of consumers buying goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. on the Internet. Companies can capture impulse purchases, speed up collections, sell new products or services, and collect subscriptions, contributions or donations as easily as clicking on a button. The extended ATS Internet Payment Gateway processes ACH (electronic check) transactions, real-time credit card transactions and allows customers to easily charge Internet purchases to their phone bills. ATS also supports three optional plug-n-play modules, the ATS Installment and Recurring Debit System, the ATS Executive Membership System and the ATS Merchant Provisioning System (MPS). About Automated Transaction Services Automated Transaction Services is recognized as the foremost Payment Service Provider (PSP). ATS provides an internet gateway (1) See cable/DSL gateway. (2) A router or server that converts IP packets to IPX, AppleTalk or some other non-IP format and vice versa. It is used to connect non-IP networks to the Internet. that facilitates the purchase of goods and services between consumers, merchants and their banks through a secure environment. Formed in 1994, ATS has established a market leading position in the rapidly developing e-commerce transactions market. Headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , USA, ATS has offices in Atlanta and Dallas. Web site address: http://www.atsbank.com About eCHARGE(TM) Corp. Based in Seattle and Vancouver, B.C., eCHARGE(TM) Corp. is the provider of a revolutionary new processing systems on the Internet. eCHARGE(TM) is an Internet payment technology that enables consumers to charge digital goods and services to their phone bills in one seamless and secure transaction. Founded in 1996, eCHARGE(TM) offers payment solutions to Internet merchants worldwide in the ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. , ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. , subscription, information download, online games, entertainment and donation categories. Web site address: http://www.echarge.com |
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