GlobeID Software to Offer Integrated Advanced Payment Solution for the Microsoft Commerce Platform.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. , France--(BUSINESS WIRE)--Mar. 4, 1999-- Integration of GlobeID @Pay(TM)POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale with Site Server 3.0 allows merchants to provide advanced payment services over the Internet GlobeID Software today announced in conjunction with the Microsoft Commerce Solutions Briefing held in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif., USA that it has integrated its @Pay(TM)POS, a java-based point of sale software, with Microsoft Site Server 3.0 Commerce Edition for the Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. Server platform. The integration of @Pay(TM)POS with Microsoft Site Server allows merchants to focus their resources on sales and fulfillment processes, while outsourcing the complexities of real-time Internet payment processing to @dvanced Payment(TM) Solution operators such as banks, payment processors, Telcos, ISPs and CSPs. Access to a server-side point of sale service provided by @dvanced Payment Solution operators through @Pay(TM)POS increases transaction completion at the merchant checkout counter, an industry recognized shortcoming short·com·ing n. A deficiency; a flaw. shortcoming Noun a fault or weakness Noun 1. of existing Internet payment solutions. Such services allow merchants to respond more closely to customers' diverse payment habits through customized payment options and policies including the ability to: - Acquire payments using a variety of different payment instruments: credit or debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , direct debit direct debit Noun an order given to a bank or other financial institution by an account holder to pay an amount of money from the account to a specified person or company at regular intervals direct debit n accounts and smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. . - Propose different payment schemes: installment payment, deferred payment and micropayment An electronic commerce transaction of very low value. It may refer to charging just a few cents or even a fraction of a cent for a transaction such as an information lookup. It may also refer to aggregating several small-value purchases and charging a credit card at the end of the day or . - Support foreign exchange. In addition, @dvanced Payment Solutions allow operators to provide merchants with advanced real-time transaction reporting services and the ability to offer loyalty programs for enhanced customer retention. "We're excited to see @Pay(TM)POS integrated with Site Server Commerce Edition," said Michael Pinckney, commerce marketing manager at Microsoft. "This solution, due to its unique foreign exchange features and wide range of payment instruments and schemes, resolves payment complexities to make international commerce on the Internet a reality." "Microsoft Site Server Commerce Edition's excellent support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and tools combined with @Pay(TM)POS make setting up Internet storefronts, selling online and offering advanced payment services an easy and cost efficient process. Therefore, it enables merchants to greatly expand their market places," said Fabrice de Comarmond, Sr. VP Business Development for GlobeID Software. Several hundred merchants are using @Pay(TM)POS through the KLELine subsidiary of Banque Paribas, an @dvanced Payment Merchant Acquiring Solution operator. Many among them have already deployed into production Microsoft Site Server Commerce Edition with @Pay(TM)POS. "The GlobeID plug-in to Microsoft Site Server allows us to easily integrate our Kleline credit card clearing services into Internet commerce solutions," affirmed Peter Dellerman, Vice President, W3 Financial (http://www.w3financial.com), the Scandinavian representative of Paribas' online secured payment system, Kleline. "Microsoft Site Server Commerce Edition is our platform of choice due to its functionality and the ease of integration with systems such as GlobeID's secured payment system," said Felix Hagno at CELL Ventures (http://www.cellicd.se), the integrator of several highly successful electronic commerce ventures for the Bonnier Group, the largest Scandinavian publisher. About GlobeID Software SA Paris-based GlobeID Software SA (http://www.globeid.com) develops and markets world class electronic commerce transaction solutions. The company's self service products enable high volume operators to provide advanced, cost efficient transaction services to online communities around the world. GlobeID Software SA is owned by the management team and Bull, an equity partner. |
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