Cardservice International and ConSyGen To Provide E-Commerce To the Masses With BizPay.Business Editors TEMPE, Ariz.--(BUSINESS WIRE)--Feb. 14, 2001 ConSyGen (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CSGI CSGI Common Spatial Gateway Interface ) Wednesday announced it has reached a formal agreement with Cardservice International Inc. to rollout ConSyGen's BizPay(TM) payment system to Cardservice International's existing sales channels, as well as to its major Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs) and commerce solution provides (CSPs). The BizPay(TM) suite of software solutions enable small- to mid-sized businesses and home-based businesses to participate fully in e-commerce without a traditional retail credit card merchant account. Consumers can instantly and securely send money to participating merchants or any other e-mail user in the world, including those using Web-enabled cellular telephones, pagers, and other handheld devices. "The execution of this agreement sets the stage for BizPay(TM) to be the next great payment system for the Internet," stated ConSyGen's chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Jason Genet genet: see civet. . "Some of the largest ISPs and CSPs in the world have expressed serious interest in deploying BizPay(TM) to their customers, and through our partnership with Cardservice International, we'll be able meet those demands. "It's a great day for ConSyGen, and we're very pleased to partner with a company we hold in such high regard." "The backend transaction component enables businesses to accept customer credit cards without requiring the merchant to have a traditional merchant account," said Cardservice International's senior vice president of sales, John Burtzloff. "BizPay(TM) and the LinkPoint Secure Payment Gateway will pave a new path for e-commerce, and that makes this a very exciting partnership." About ConSyGen: Established in 1996 as a high technology software development and R&D company, ConSyGen Inc. has focused its business on providing innovative and superior commerce solutions worldwide. The primary CSGI product lineup includes the Counterfeit Cop(TM) and BizPay(TM). BizPay(TM) is the ultimate e-commerce and payment solution that enables Person-to-Person (P2P See peer-to-peer and point-to-point. ), Consumer-to-Business (C2B C2B Consumer to Business (consumers naming their price for various products or services) C2B Command and Control Battlelab C2B Consulting to Business C2B Commerce to Business C2B Customer to Business C2B Client to Business ), and Business-to-Business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) transactions. BizPay(TM) will revolutionize the way electronic commerce evolves. BizPay(TM) will clearly set new standards for payment transactions, as we know them today. About Cardservice International: Cardservice International Inc. is a global leader in providing real-time secure credit card transactions to merchants. Cardservice offers merchants a cost effective service tailored to their businesses, enabling them to provide credit card processing over the Internet, as well as to the traditional marketplace. More than 185,000 merchants have contracted with Cardservice International. Of those, 55,000 are actively using Cardservice as their Internet solution. First Data Corp (FDC FDC - Floppy Disk Controller ) a global leader in electronic commerce and payment services holds a 50 percent equity position with Cardservice. For more information about Cardservice International visit www.cardservice.com. |
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