WORLDPAY ANNOUNCES CANADIAN CUSTOMER WINS
From Business Applications to Sports Sites and Electronic Fun,
Canadian Companies Are Game for Global eCommerce
OTTAWA, ONTARIO AND STERLING, VA, APRIL 23, 2002 - WorldPay, the global
leader in multi-currency secure payment processing, today announced five
contracts with Canadian businesses in diverse industries ranging from
Internet software to tree care and sports activity location/registration,
that are using WorldPay to provide secure electronic commerce transactions
to customers, and to extend their market reach within Canada, the United
States and worldwide.
The service agreements are with Ottawa`s TransGaming Technologies
(www.transgaming.com), Toronto`s TreeHelp.com (www.TreeHelp.com) and Meet
Market Adventures (www.meetmarketadventures.com), British Columbia`s
www.yoursportsplace.com, and Edmonton`s Paramagnus Development
(www.paramagnus.com). The companies have joined the ranks of hundreds of
Canadian enterprises that now use WorldPay, and together sell their products
and services online to hundreds of thousands of customers in Canada and
worldwide.
According to a recent study by the Canadian E-Business Opportunities
Roundtable ("Fast Forward 3.0 - Maintaining the Momentum"), Canadian
eCommerce totaled U.S. $26.4 billion in 2001, a 69 percent increase over its
U.S. $15.6 billion market value in 2000. Canada leads the U.S. in Internet
penetration by 60 percent to 52 percent.
"Canadian eBusinesses recognize that their markets are global, and are
moving aggressively to adopt technologies that let them sell easily to
customers in other lands," said David Talley, Vice President - Americas for
WorldPay. "Whatever their business may be, Canadians know that to succeed
in domestic eCommerce you must make payment safe, reliable and easy - and to
succeed in foreign markets you must go a step farther and sell in the
currency that customers readily understand, a capability made possible by
WorldPay`s multi-currency processing."
With WorldPay, consumers may make purchases by simply clicking on an icon to
see the value of the transaction in their own currency. The service is
available in over 120 currencies, calculates the total charge that will
appear on the customer`s credit card statement, and handles the exchange the
same day, eliminating the risk of currency rate fluctuations. WorldPay
carefully and continuously monitors participating merchants to ensure
reliability and financial integrity, and provides round-the-clock customer
support. A new service launched in late 2001 - ShopatWorldPay - provides a
portal where customers may shop from among thousands of online merchants
listed under easy-to-find categories.
More About WorldPay`s Canadian Contract Wins
www.paramagnus.com Paramagnus provides business software to hundreds of
thousands of customers in over 90 countries. The company`s SpeedNet product
boosts Internet download time, while its Third Eye software records
everything typed on a PC. Another product, SystemLock, secures workstations
from intrusion.
www.TreeHelp.com TreeHelp offers Custom Care Kits for trees, specifically
designed with different mixes of minerals and nutrients for oaks, maples,
willows, dogwoods and many others. TreeHelp also provides fertilizer and
soil additions, watering aids, tools, seeds, books, and "hortipedia" CD
ROMs.
www.meetmarketadventures.com Meet Market Adventures arranges unusual
outings with the goal of bringing over-21 singles together for fun and
adventure, with a twist of the unusual. The unique site is renowned for
hosting snowshoe outings, vacations to exotic locales such as Peru, wine &
cheese tours to Toronto and many other inventive get-togethers.
www.transgaming.com TransGaming Technologies has created WineX, the
dominant software portability solution that allows developers to build games
and business applications for a single system and then redeploy them on
other platforms - better, faster, cheaper than anyone else. This allows
developers to leverage their content, marketing, and assets, and enjoy a
substantially greater return on investment. TransGaming is currently focused
on bringing Windows games to alternate platforms, but ultimately strives to
achieve 100% cross-platform compatibility for the world`s hottest titles and
applications.
www.yoursportsplace.com provides a comprehensive database of participatory
sports enabling enthusiasts to locate and signup for their favorite events
anywhere across Canada. For sports enthusiasts, it`s an efficient
alternative to paper registrations, and a much more timely, accurate way to
locate sporting venues. Sports directors reach broader audiences via a
streamlined promotion and registration tool, eliminating paperwork and
saving time and money.
About WorldPay Inc.
WorldPay (www.worldpay.com) was founded in 1993 and throughout its history
has consistently developed innovative and secure Internet-based products and
services.
Today, as the globally acknowledged and trusted leader in secure,
multilingual and multi-currency Internet payment solutions, WorldPay enables
over 14,000 customers in 115 countries to sell to shoppers around the
globe - in the language and currency of their choice.
At WorldPay`s virtual mall, www.shopatworldpay.com, thousands of retailers
from around the globe are open for business, 24 hours a day, seven days a
week and searchable by category, name or location.
WorldDirect, WorldPay`s multi-currency payment system, is integrated to all
the leading eCommerce storebuilding applications, including its own Click
and Build. Other WorldPay services include repeat billing solution
FuturePay.
Based in Cambridge, UK, WorldPay`s Asia Pacific regional center is in
Singapore and its Americas center is Sterling, Virginia, USA.
WorldPay shareholders include Royal Bank of Scotland, the world`s
fifth-largest banking group, as well as WorldPay employees and management.
* * *
Contact:
Jim Crawford
703-318-5460
jcrawford@crawfordpr.com
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