SAF-T-PAY Enters into Partnership with xt:Commerce.MIAMI BEACH Miami Beach, city (1990 pop. 92,639), Dade co., SE Fla., on an island between Biscayne Bay and the Atlantic Ocean; inc. 1915. It is connected to Miami by four causeways. , Fla. -- SAF-T-PAY Inc., a secure global e-payment system, announced today an alliance with xt:Commerce, one of Europe's leading Shopping Cart companies. Under the terms of the agreement, xt:Commerce will integrate SAF-T-PAY into their shopping solution and offer the SAF-T-PAY payment system to its merchant client base as a viable and secure payment alternative for online shoppers. SAF-T-PAY's unique model allows e-banking customers and online shoppers to make 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. purchases worldwide directly through their local bank. Utilizing their banking and merchant partners, SAF-T-PAY enables international online-commerce transactions to be cleared through the customer's existing bank, offering them, for the first time, a completely secure and convenient way to shop globally, but pay locally. Customers will take comfort in not having to disclose any personal financial information completely eliminating the potential for international fraud. With over 80.000 shops xt:Commerce is one of the leading online integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. companies in Europe with a long list of prestigious companies, including Kaspersky Lab Kaspersky Lab is a computer security company, co-founded by Natalia Kaspersky and Eugene Kaspersky in 1997, offering antivirus, anti-spyware, anti-spam, and anti-intrusion products. , Die Zeit DIE ZEIT (pronounced /diː tsait/, in English, literally The Time, more idiomatically The Times) is a German nationwide weekly newspaper that is highly respected for its quality journalism. , Hofbrauhaus Munchen, WDR WDR Westdeutscher Rundfunk (German radio and TV station) WDR World Development Report (World Bank) WDR Wide Dynamic Range (cameras) Mediagroup Licensing, AGFA AGFA Aktiengesellschaft für Anilinfabrikation AGFA Actien-Gesellschaft für Anilin Fabrikationen (German-Belgian industrial enterprise) AGFA Asociación Guatemalteca para la Familia de las Americas , and the Bavarian Federal State Bank. In September 2006, xt:Commerce entered the US market, additionally they plan to enter the Asian markets this year and reach 50.000 stores by 2009. Dr. Fabian Wehler, General Manager SAF-T-PAY Germany, is excited about this partnership: "xt:Commerce is a forward looking, innovative and customer service orientated o·ri·en·tate v. o·ri·en·tat·ed, o·ri·en·tat·ing, o·ri·en·tates v.tr. To orient: "He . . . online shopping integrator in Europe with aggressive plans for expansion to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , China and Japan." Additionally, "xt:Commerce technology is seamless and easy to use by merchants," said Dr. Wehler. "The partnership with xt:Commerce is just one step of SAF-T-PAY's expansion plans into the European markets, which will eventually enable the company to tap into 120 million online international shoppers," added Dr. Wehler. xt:Commerce General Manager Mario Zanier, stated: "We are happy to have won SAF-T-PAY as a partner, as we believe, that both companies will complement each other very well, especially regarding our international set up and our expansion plans." Also "Particularly the concept behind the new and safe payment system of SAF-T-PAY was the main reason for us to enter a cooperation. Today, safe payment options play an important role, and we are sure to take the right path with SAF-T-PAY," said Mr. Zanier. About SAF-T-PAY SAF-T-PAY - The Safe Internet Payment System - is a secure e-payment system that allows all online bank customers to make online purchases worldwide directly through their local bank. SAF-T-PAY specifically targets three core untapped e-commerce markets: * Shoppers afraid of online transactions with existing payment options due to identity theft or fraud. * Millions of overseas banking customers without a US issued credit card wishing to shop online with US merchants. * The 60% of the global online banking customers without a credit card of any type but the financial means to shop online. More information on the company can be found at www.saftpay.com. About xt:Commerce xt:Commerce is a powerful e-commerce webcart shop system, offered in 11 languages with a broad spectrum of e-commerce functions and running in over 80.000 shops in Europe. The company has its European Headquarters in Hamburg Hamburg, city, Germany Hamburg (häm`b  rkh), officially Freie und Hansestadt Hamburg (Free and Hanseatic City of Hamburg), city (1994 pop. , Germany. xt:Commerce has entered the US market (www.xtcommerce.us) in 2006, where they plan to reach similar figures as in Europe. This year the company will expand to the markets in China, Japan and Taiwan. In Europe, major technology companies, leading newspapers and TV Stations as well as national banks run their online shops with xt:Commerce software. More information on the company can be found at www.xtcommerce.com. |
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