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e-onlinedata Adds Its 2500th Value Added Reseller.


COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816.  -- e-onlinedata, an industry-leading provider of secure payment solutions for U.S. based companies, today announced it has achieved the milestone of signing 2500 Value Added Resellers See VAR.

(company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software).
 (VARs), comprised of 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.  companies, Web designers, shopping cart developers, and billing solution providers.

e-onlinedata is one of the fastest growing Internet merchant account providers thanks to its reliable residual payments and commitment to introducing new technologies that provide secure and cost-effective transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
.

"We appreciate the fact that our success is driven as much by our Value Added Resellers as it is by our merchants," said Sloane Bouchever, e-onlinedata president. "We embrace the Web hosting and developer communities and thank them for their continued support. Our focus on providing quality payment processing solutions, the security of our systems, and our merchant friendly practices -- such as no application fees, no Address Verification (AVS (Audio Video Coding Standard) A video compression technique developed by Chinese companies and supported by the Chinese government. Expected to provide better compression than MPEG-2, AVS was created to avoid paying royalties to the MPEG licensors, which are outside ) fees, no termination penalties, no batch header (1) In a disk or tape file, a set of data that resides permanently at the beginning. It may be used for identification only (type of file, date of last update, etc.), or it may describe the structural layout of the contents, as is common with many document and database formats.  fees and no annual fees -- has helped thousands of merchants feel confident in choosing e-onlinedata as their trusted merchant account provider."

VARs that offer Internet merchant accounts using e-onlinedata's proprietary branded online application also promote the Authorize.Net Payment Gateway for processing merchant transactions.

"As one of our valued resellers, Authorize.Net recognizes the accomplishments of e-onlinedata," said Roy Banks, Authorize.Net president. "Signing contracts with 2500 Value Added Resellers is a significant achievement, and demonstrates the value of e-onlinedata's products and services. Authorize.Net appreciates e-onlinedata's commitment to Authorize.Net as their preferred IP payment gateway service provider and we look forward to continuing a positive and valuable association with e-onlinedata".

About e-onlinedata

e-onlinedata is one of the nation's leading Internet merchant account providers, dedicated to offering our Value Added Resellers and thousands of merchants the finest available merchant account technology and service, at the most cost-effective rates. e-onlinedata provides eCommerce merchants maximum efficiency in boarding and approving new Internet See Web 2.0 and Internet2.  merchant accounts and payment gateways through our proprietary secure online applications. e-onlinedata will pay our Value Added Resellers over $1,500,000 in up-front bonuses and recurring re·cur  
intr.v. re·curred, re·cur·ring, re·curs
1. To happen, come up, or show up again or repeatedly.

2. To return to one's attention or memory.

3. To return in thought or discourse.
 residuals during the next 12 months.

Visit www.e-onlinedata.com for more information.
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:Aug 23, 2005
Words:350
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