Intershop and CyberCash Announce ONESTOP Merchant Community Builder for Commerce Service Providers.SAN FRANCISCO--(BUSINESS WIRE)--April 13, 1999-- - Integration of 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. hosting and real-time transaction services sets stage for rapidly deployable merchant communities; - Concentric Coming from the center, or circles within circles. For example, tracks on a hard disk are concentric. Tracks on optical media are concentric or spiral shaped (in a coil) depending on the type. Network Corp. builds ConcentricHost platform Intershop Communications, a leading provider of electronic commerce software and CyberCash, Inc. (Nasdaq: CYCH), the world leader in e-commerce technologies and services, today announced ONESTOP Merchant Community Builder. This integrated solution consisting of the Intershop 3 ePages and the CyberCash CashRegister payment service enables Commerce Service Providers (CSP's) such as ISPs, portals, online communities, financial institutions and other hosting businesses to quickly deploy complete multi-store electronic commerce sites for merchant communities. The benefits of ONESTOP include a significantly shorter time-to-market and quicker return on investment for Internet merchants, and easier deployment of commerce-enabled websites for service providers who target small and medium-sized businesses. Intershop 3 ePages provides the complete e-commerce infrastructure including storefront and back-office, while CyberCash's CashRegister service is used for secure, real-time payment and credit card transactions over the Internet, as well as merchant account set up. "ONESTOP addresses the growing demand for rapid deployment and quick 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). for e-commerce solutions," said Edward J. Callan, Intershop's vice president of marketing. "Reflecting the long-standing technology partnership of Intershop and CyberCash, ONESTOP makes it easier than ever for CSPs to set up merchant communities with mature and complete solutions for doing business on the Internet." "Intershop and CyberCash have worked together successfully to stimulate the acceptance of electronic commerce worldwide," said Nancy Goldberg, CyberCash senior vice president. "As a company committed to simplifying and accelerating e-commerce, it was a natural step for CyberCash to integrate its pioneering services with Intershop's world-class products to make it even easier for businesses that want to get online with a fully functional and safe state-of-the-art commerce web site. " Value-added Internet Service Provider 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. , Concentric Network Corporation, has integrated ONESTOP directly into their ConcentricHost(TM) service, streamlining and simplifying the process of launching e-commerce sites for small and medium-sized Internet merchants. Instead of establishing separate relationships with Internet payment processors, financial institutions and Internet hosting businesses, merchants now can get set up with a fully integrated, tested and documented solution in one simple step. "These new ConcentricHost commerce services demonstrate our commitment to serve small and medium-sized business customers with the tools they need to quickly and easily grow their businesses on the Web," said John Peters, executive vice president and general manager of Concentric's network applications services division. "By integrating hosting and payment technologies in ONESTOP Intershop and CyberCash provide a best-of-breed solution that satisfies the demand for a more transparent and convenient process to deploy commerce solutions." About CyberCash, Inc. CyberCash is the world leader in secure, convenient payment technologies and services, enabling e-commerce across the entire market spectrum from electronic retailing environments to the Internet. CyberCash provides a complete line of software products and services allowing merchants, billers, financial institutions and consumers to conduct secure transactions using the broadest array of popular payment forms. Credit, debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. , purchase cards, cash, checks, 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. and alternative payment types (e.g., "frequent buyer" or loyalty programs) are all supported by CyberCash payment solutions. Leading brands of CyberCash include ICVERIFY(R), PCVERIFY(TM), CashRegister, NetVERIFY(TM), PayNow(TM), and InstaBuy(TM). www.cybercash.com About Intershop Communications, Inc. Intershop Communications, Inc. is one of the world's leading providers of electronic commerce software for complete business-to-business and business-to-consumer solutions. Intershop customers include many of the world's largest telecommunications companies See telecom company. and commerce service providers such as PSINet, Mindspring, BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Emergis, Bell South, Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. , France Telecom, Swisscom and Telecom New Zealand Telecom New Zealand (NZX: TEL ASX: TEL NYSE: NZT) is a Wellington, New Zealand-based telephone company and, through its subdivision Xtra, an internet service provider. It has been run as a publicly-traded private company since 1990. . Major corporations have chosen Intershop as their enterprise e-commerce platform including Bosch, Celestial Seasonings Celestial Seasonings is a tea company based in Boulder, Colorado, United States that specializes in herbal tea but also sells green and black tea (as well as white and oolong blends). They account for over $100,000,000 in Herbal Tea Blends Sales in the United States annually. , Electronic Arts, Hewlett-Packard, Mercedes Benz Mercedes Benz expensive automobile and status symbol. [Trademarks: Crowley Trade, 368] See : Luxury U.S. International, Nat West and Silicon Graphics. To date, Intershop is the global leader in Internet commerce licenses with more than 10,000 live licenses. Founded in 1992, Intershop is headquartered 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 with offices in the U.S., Germany, France, Australia, Canada, Brazil, and the United Kingdom. For more information, call Intershop at 1-800-736-5197 or send e-mail to sales@intershop.com or visit http://www.intershop.com (c) 1999 INTERSHOP Communications, Inc. All rights reserved. INTERSHOP is a registered trademark of INTERSHOP Communications, Inc. All other company and product names are property of their respective owners. |
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