Cyphermint Offers 'Bonus Dollars' to Capture New Users and Entice e-Commerce Merchants.Business/Technology Editors HUDSON, Mass.--(BUSINESS WIRE)--Jan. 10, 2001 Cyphermint, Inc, a privately financed technology company, has developed and implemented an alternative Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the payment system, the Cyphermint Pay Cash System(TM). The Cyphermint Pay Cash System gives users complete transaction privacy, security, and efficiency for procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
As Cyphermint prepares for its upcoming official product launch early in the new year, it is offering new end-users and merchants of the Cyphermint Pay Cash System a special "bonus dollars" program. This special promotion is for calendar year 2001 and is limited to one account per user. Each new account will receive a 20% bonus dollar premium. For example, a new user depositing a minimum of $200.00 in U.S. currency with Cyphermint will be provided an additional $40.00 in Cyphermint dollars to spend with merchants and agents accepting Cyphermint dollars. The new user account now has $240.00 to spend, based upon an initial deposit of $200.00. To qualify for this special promotion, users are required to maintain a minimum account balance of $100.00 for 12 months following the initial deposit of $200.00. Users can deposit additional monies into their account; however, the Cyphermint program is limited to a maximum of $40.00 in special bonus dollars for each account. Complete details of this offer, including any transaction fees, are outlined on the Cyphermint Website, www.cyphermint.com. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Patrick Lally, President 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. of Cyphermint, "The Cyphermint Pay Cash System is destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. to become a major player in the growing alternative Internet payment arena. Offering special bonus dollars to new users maps into our plan of escalating strategic business alliances with financial institutions, Internet portals, and online merchants as part of our initial product launch." Cyphermint is offering this special program to allow users to see how its alternative Internet payment system will provide complete privacy, security, and effectiveness for 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. transactions over the Internet. The user will now have 100% privacy and security protection. The Cyphermint Pay Cash System represents an excellent Internet payment opportunity for the following e-commerce transaction types: --Teenagers 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. with complete privacy --Downloading and purchasing of information, music, or games involving micro-payments --Sending money to other Cyphermint Pay Cash System users with complete privacy and assurance About Cyphermint, Inc. Cyphermint, Inc. provides the Cyphermint Pay Cash System, the most complete Internet payment system for 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 and B2C e-commerce B2C e-commerce The conducting of commerce by companies, government agencies, and institutions with consumers over the Internet. Amazon.com is typical of a company engaged in B2C e-commerce. . The Cyphermint Pay Cash System allows users to conduct e-commerce over the Internet with complete transaction information security -- coupled with comprehensive audit trails for non-repudiation of transactions by both buyer and seller. Cyphermint Pay Cash System is a complete e-commerce payment system -- handling payments ranging from micro-payments to multi-million dollar procurements. The company is located at 1 Cabot Road, Suite 270, Hudson, MA 01749, and can be reached by calling 978.567.5900, or on the World Wide Web at www.cyphermint.com. Cyphermint and Cyphermint Pay Cash System are trademarks of Cyphermint, Inc. |
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