CyberCash Announces New "CashRegister OnDemand" Service for First-Time Merchants Seeking Quick, Easy and Safe Internet-Based Payment Solution.LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--April 14, 1999-- CashRegister OnDemand Offers New Merchants Payment Solution That Can Grow As Business Grows CyberCash, Inc. (Nasdaq:CYCH), the world leader in e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. payment technologies and services, today announced plans for a web-based payment solution targeted at first-time merchants seeking a quick, easy and safe entry into e-commerce. The new service minimizes the impact of launching a new business by offering a payment solution that requires only a browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used and a merchant account to get started. "We believe this new service will help solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our position as a leader in the market because we are making it even easier for small to medium-sized businesses to take advantage of the rising tide Noun 1. rising tide - the occurrence of incoming water (between a low tide and the following high tide); "a tide in the affairs of men which, taken at the flood, leads on to fortune" -Shakespeare flood tide, flood of e-commerce," said Nancy Goldberg, senior vice president, CyberCash. "CashRegister OnDemand will allow new merchants to enter the market with minimum expense and later upgrade to CyberCash's full line of payment offerings and e-commerce solutions." CashRegister OnDemand lets merchants process transactions anytime, anywhere by using their web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . The service can also be used by small and medium-sized merchants in the physical "brick and mortar See bricks and mortar. " world who want to expand into e-commerce. "As one of the only companies providing e-commerce payment solutions in both the physical and virtual worlds, we are acutely aware of the increasing convergence between these worlds and the need to provide merchants with a safe and easy way to migrate from one to the other," Goldberg said. Whether a merchant operates a small store in the physical world, or plans to develop a web site on the Internet, CashRegister OnDemand does not require an additional investment in computer equipment, which can sometimes cause people to delay their entry into e-commerce. "Let's face it, business is risky enough without having to shell out hundreds or thousands of dollars for additional equipment to get started. CashRegister OnDemand is a relatively risk-free way for many people to dip their toes into the e-commerce waters," Goldberg said. Beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the of CashRegister OnDemand begins this week and the service is expected to be available to merchants by summer. CyberCash is the world's leading provider of secure electronic commerce payment technologies and services spanning the retail point of sale through the Internet. CyberCash and the CyberCash logo and are trademarks, service marks, registered trademarks or registered service marks of CyberCash, Inc. www.cybercash.com |
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