March 2006 (Chicago, Illinois) - Ezic, Inc., the leader in high performance Internet transaction processing and private labeled solutions, announced the release of Direct Mode Version 3.1 which includes full support for subscription management, automated recurring billing, and a scriptable interface for affiliate data downloads.
Ezic`s versatile Direct Mode interface is designed for merchants who desire complete control over their transaction processing. Direct Mode is an easy to use network API which can be accessed using all major programming languages to execute payment transactions for electronic commerce, subscription and recurring billing, call centers, and card-present retail environments. Transaction data is sent to Ezic`s system over an SSL encrypted connection from the payment application software used by the merchant. This gives the merchant the ability to completely customize and integrate real-time payment processing into their own applications, whether developed in-house or purchased from a third party software vendor.
"The recent upgrade from Version 3.0 to Direct Mode Version 3.1 maintains full backwards compatibility, and adds support for merchants to submit membership and recurring billing information to Ezic`s subscription management component," states Fredrik Sjoholm, Ezic`s CTO. "With Direct Mode 3.1 merchants are able to qualify for the lowest interchange discount rates for Level II purchasing card, hotel, and retail swipe transactions in addition to electronic commerce using a single API."
Other features available through Direct Mode 3.1 include merchant initiated settlements, ultra fast batch uploads with parallel processing for high volume merchants, CISP compliant affiliate cross sales, and repeat billing with card number virtualization which enables merchants to bill customers in the future without becoming subject to costly Visa requirements for cardholder data retention.
The affiliate interface released with Direct Mode 3.1 allows merchants to access their transaction and membership data in a machine parsable format through an easy-to-use network API. This data can be used for statistical monitoring or in conjunction with third party affiliate management software.
Ezic welcomes inquiries from resellers and agents seeking Internet transaction processing solutions. Please visit our website at www.ezic.com or call Katie Gofron, Ezic`s Vice President of Channel Sales, at 847-327-9870 x 18 to see how working with a customer-centric value-added gateway can help your business.
About Ezic, Inc.
Ezic has been a leading provider of Internet processed payment solutions for ACH and credit card transactions since 1999, and is the largest Private Label Payment Platform provider to the industry. Our value-added high performance payment processing solutions offer merchants superior convenience, continuous market driven advanced product feature development and complete multi-level security against fraud for all Internet based transactions.
Ezic`s Internet Payment Platform allows on-line bill payment, collection and processing services covering membership fee payments, service contract payments, donations, insurance premium settlements, property and rent payments, lease arrangements as well as the purchase of traditional consumer goods and services.