January 19, 2001, 12:00 AM

Oasis Intends To Satisfy Thirsty U.S. E-tail Market

Don Davis

Editor in Chief

(www.oasis-technology.com) Oasis Technology Ltd. has launched a strategic and operational U.S. expansion program to meet the growing market demand for Internet payment processing from Internet retailers, financial institutions and third-party processors.
     To meet this demand, the company offers a suite of e-payment products for Internet merchants and other online companies, as well as the Internet gateways, financial institutions and third-party processors that make up the transaction processing chain. Oasis e-payment software for the Internet provides a platform for delivering e-commerce payment transaction processing, Internet banking and a wide range of traditional channels, the company says.
     Led by Brian Cook, senior vice president of sales for North America, Oasis' U.S. expansion program will be supported by a larger sales force from the company's headquarters in Toronto, Ontario, Canada, new sales offices on the U.S. West and East Coasts and a network of U.S. partners.
     Oasis delivers leading e-payment software products to Internet and brick-and-mortar banks, Internet retailers, card associations and third-party processors in more than 70 countries worldwide. Today, e-payment systems powered by Oasis software process almost four billion transactions annually, the company says. Oasis e-payment software products are designed for end-to-end payment processing via the Internet, ATM, POS and telephone.

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