January 19, 2001, 12:00 AM

New IBM E-Commerce Software Helps Merchants Pay The Bills

(http://www.software.ibm.com) IBM today announced new software that enables service providers to quickly link merchants to payments processors to handle complex e-commerce transactions. IBM's new WebSphere Payment Manager V2.1 (formerly called Payment Server) will offer payment hosting capabilities for Internet service providers, commerce service providers, application service providers, banks and financial institutions. "WebSphere Payment Manager will serve as a security-enhanced cash register on the Internet, designed to allow merchants to move into the growing area of online credit and debit card transactions," said Ed Kilroy, general manager, IBM e-commerce Software Solutions. "It will help merchants add payments capabilities with existing software for an easy to use, end-to-end, more secure e-commerce solution." IBM also today announced relationships with several customers and business partners who are teaming with IBM to develop simplified and secure payment transaction processes through WebSphere Payment Manager, including CyberCash, Credit Union Electronic Transaction Services (CUETS), Excite@Home, First Data Corporation, NOVA Corporation, Paradata Systems, SGZ-Bank, ShopNow.com, Visa, and others.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Deepak Agarwal / E-Commerce

Back-to-school insights from a Top 100 online retailer

It’s the second-largest online shopping season, and one nomorerack.com CEO pays close attention to. Here ...

FPO

Kevin Sterneckert / E-Commerce

The ghost economy: an $800 billion retail data disconnect

A new twist on a classic holiday story that online retailers will relive in the ...

Advertisement