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LYCOS Europe chooses GlobalCollect for Preferred Payment Service Partner.


HOOFDDORP, Netherlands -- In Addition to Credit Cards Payments, LYCOS Europe Introduction
LYCOS Europe is a pan-European network of websites, offering a broad variety of content channels and online services, e.g. communication tools & communities, websearch, e-commerce, webhosting, homepagebuilding and Internet access.
, One of the Leading European Internet Destinations Offers Its Customers to Pay with a 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
 from Their Bank Account or a Local Bank Transfer

GlobalCollect, the leading payment service provider today announced it has been selected by LYCOS Europe to process the payments for its web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , communication, community and access services. LYCOS Europe has already implemented the GlobalCollect online payment platform in Germany and the Netherlands and will roll out France, The United Kingdom, Denmark, Spain, Sweden and Austria in the coming weeks.

With GlobalCollect, LYCOS Europe chooses to offer its customers with a maximized comfort, enabling them to pay with local payment methods in local currencies as well as with all the major international credit cards. GlobalCollect is the international Payment Service Provider offering the largest number of local payment options worldwide, enabling among other options bank transfers in over 50 countries and Direct Debits in 10 countries.

Sven Krahn of LYCOS Europe says: "LYCOS chose GlobalCollect as its strategic payment service partner because it enables us to outsource our payment collection in several European countries through one single technical and administrative payment interface."

Ronald Wallroth, Market Development Manager at GlobalCollect says: "We are warmly welcoming LYCOS Europe among GlobalCollect customers and are looking forward to a long term successful partnership."

About Lycos Europe

LYCOS Europe (Prime Standard:LCY LCY Local Currency
LCY Loose Cubic Yards (earth moving engineering equipment)
LCY London, England, United Kingdom - London City (Airport Code) 
)(Nouveau Marche Nouveau Marche

An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies.
:5770) is one of the leading European internet destinations operating a pan-European network of websites in eight languages. The company's combination of search, communication services, content channels, Internet access See how to access the Internet. , homepage building and online communities addresses a wide range of target groups. The LYCOS Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners throughout Europe. Every month about 22 million users visit the LYCOS sites in Europe. Today, LYCOS Europe generates about 2 billion page views each month. With a network of websites covering Austria, Denmark, France, Germany, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Italy, the Netherlands, Spain, Sweden and Switzerland, LYCOS Europe has a large geographical reach in Europe.

About GlobalCollect

GlobalCollect provides international payment services for non face-to-face businesses including Internet, mail and telephone order. For more than a decade, GlobalCollect has had successful track record with collection and reconciliation of payments, invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped.

A consular invoice is one used in foreign trade.
 printing and distribution in over 200 countries. GlobalCollect's payment solutions and its unique and still growing international banking network enables businesses to accept the widest range of local payment methods in local currencies. Through one single technical and administrative interface, its online payment platform offers a combination of all major credit and 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 debits, cheques, bank transfers and invoices. The hands-on dedication of its highly experienced professionals who anticipate the client's evolving needs establishes GlobalCollect as the preferred payment service provider. Founded in 1994, GlobalCollect is a fully owned subsidiary of the publicly listed TNT TNT: see trinitrotoluene.
TNT
 in full trinitrotoluene

Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene.
 N.V.

More information about GlobalCollect is available at www.globalcollect.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 19, 2005
Words:491
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