IntelliPay Forms Alliance Partnership with ROI Direct.com; Complementary ASPs Establish Referral Agreement to Offer E-Commerce Site Development and Payment Services.Business Editors and High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--June 23, 2000 ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). Direct.com, an e-Business application service provider (ASP) of customizable e-commerce, e-marketing and online customer care solutions for mid-sized businesses, today announced an alliance with ASP Intellipay(TM), a leading Internet payment provider. The alliance joins a growing trend toward collaboration among e-commerce technology providers, merchant banks, and payment processors. Often formed to alleviate uncertainties involved in choosing a payment provider, such alliances are particularly attractive to emerging dot-com businesses and traditional brick-and- mortar retailers who may find themselves needing to amend an existing merchant account or obtain a new one in order to participate in e-commerce. "We're very pleased about our partnership with ROI Direct," says Dick Hilly, Director of Business Development at IntelliPay, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Pacific Web Works (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PWEB). "Rather than attempt to be everything to everybody, we decided to focus our skills in credit card processing and fraud detection and leverage the core competencies of partners. ROI Direct has developed a superb integrated suite of applications for conducting e-commerce, which we believe will be very compelling to our clients who plan to sell online or upgrade their online services." IntelliPay was founded in 1996 as an electronic check processor and has become a leading provider of secure e-payment products and services to 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 (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Internet merchants. Through its network and relationships with key trading partners, IntelliPay gives merchants the ability to conduct real-time credit card and electronic check settlement. To date, the company has completed proprietary certifications with FDC FDC - Floppy Disk Controller , NDC NDC National Drug Code NDC NATO Defense College NDC National Documentation Centre (National Hellenic Research Foundation, Athens, Greece) NDC National Dairy Council NDC National Democratic Congress , NOVA, Vital, and FTB, making it one of the most universal online payment solutions available. In addition to a newly published XML Web site See XML schema repository. interface, IntelliPay has developed a set of business rules to provide extended processing capability, including enhanced capabilities for fraud screening, a means of reducing merchant risk that few online processors offer. IntelliPay's user interface provides secure, real-time data streaming of merchant transactions and can be integrated into any B2B or B2C facilitator, including online malls, trading platforms, vertical portals, and bill presentment systems. "The issues surrounding payment are the most sensitive parts of any e-commerce venture, and confusion or concern about payments often interrupt or stall businesses' attempts to start selling online," says Hilly. "Hence, our agreement with ROI Direct should prove to be beneficial to all parties." Butch Winters, 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 ROI Direct, echoes Hilly's opinion. "Some things translate directly from offline merchandising to e-commerce. Yet the banking world is teeming teem 1 v. teemed, teem·ing, teems v.intr. 1. To be full of things; abound or swarm: A drop of water teems with microorganisms. 2. with varying rules and regulations, so the need for a designated online merchant account provider is particularly strong. It's important that online vendors choose wisely in selecting a payment processor. IntelliPay, with its certification across most payment platforms and substantial existing client base, proves it is a reliable Internet payment provider, whose services we feel more than comfortable recommending to our clients." About IntelliPay IntelliPay is a leading developer and provider of new payment technologies for businesses-to-business and business-to-consumer uses on the Internet and in physical stores. Using IntelliPay's various products, a business can accept real-time payments from their web site, Internet appliances, kiosks, phone, fax or storefront. More than 8500 merchants utilize IntelliPay, and approximately 700 new merchants choose IntelliPay monthly. Some IntelliPay partners and business alliances include First Tennessee Bank (NYSE NYSE See: New York Stock Exchange :FTN), Vital (VisaNet), NOVA (NYSE:NIS), Equifax (NYSE:EFX), CyberSource (NasdaqNM:CYBS CYBS CyberSource (NASDAQ symbol) ). Some marketing alliances include Wells Fargo Merchant Services, Wachovia Merchant Services and Bowstreet. Some business customers include Ecast, Inc., OlanMills.com, NetTaxi, Network ICE, Foundry Networks and www.COM. IntelliPay, Inc. is a wholly owned subsidiary of Pacific WebWorks, Inc. (OTCBB:PWEB) About ROI Direct.com ROI Direct.com is an industry leading e-Business application service provider (ASP) offering customizable, hosted e-commerce, e-marketing, search engine optimization Designing a Web site so that search engines easily find the pages and index them. The goal is to have your page be in the top 10 results of a search. Optimization includes the choice of words used in the text paragraphs and the placement of those words on the page, both visible and hidden , and online customer care solutions to catalog, retail, dot-com and direct marketing companies. By starting with a common, re-usable set of advanced applications and a shared 24x7 infrastructure, the company enables clients to deploy these capabilities quickly and affordably, with enhanced functionality, performance, and reliability. The net result is the highest possible ROI for their clients' e-commerce and Internet marketing programs, in the shortest possible timeframes. Based in San Francisco, Calif., ROI Direct.com is privately held, backed by an investment team that includes Crosspoint Venture Partners, Accel Partners, HarbourVest Partners, Pivotal Asset Management, and Vanguard Venture Partners. Butch Winters, former president of Electronic Data Systems' (EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. ) Interactive business unit, is ROI Direct.com's president and CEO and is supported by an industry-leading management team of senior executives from top technology companies. For additional information about ROI Direct.com, visit the company's Web site at http://www.roidirect.com; or call 1-800/420-4224. Note to Editors: ROI Direct, ROI Direct.com, and CustomResponse are either trademarks or registered trademarks of ROI Direct.com. All other company, product, and brand names are trademarks of their respective owners. |
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