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Monday, September 9, 2002 |
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iBill and Yaga Join Forces to Give Web Merchants Complete Payment Services for Selling Online
Contact:
Neal Wilder
Creaxion for iBill
404-495-4512
neal@creaxion.com
SAN FRANCISCO (September 5, 2002) - iBill™ (Internet Billing Company, LLC), a Ft. Lauderdale based provider of Internet payment solutions and Yaga, Inc., the leading provider of advanced payment services that enable businesses to create new revenue streams, announced today a partnership offering online merchants a complete e-commerce solution.
Together, iBill and Yaga offer a complete array of e-commerce services that allow online merchants to get up and running quickly and economically. The relationship between the two companies gives merchants access to comprehensive services including profitability reports, conversion statistics and popular download information. In addition, merchants receive live, 24/7, multi-lingual customer service.
The new alliance provides merchants with the payment services they need to assist in generating revenue while their customers experience secure, seamless transactions.
“With the growing number of consumers paying for online content, secure payment solutions and content management has never been more important. The Yaga-iBill partnership offers content owners a complete solution to generate revenue from their websites,” said Steve Elefant, president and COO of Yaga, Inc.
Merchants using iBill’s services receive an outsourced solution in which iBill handles all payment processing, risk management, affiliate management and payment-related customer service. In addition, iBill’s payment options allow merchants to complete credit card, online checking, and telephone billing transactions.
Through this partnership, iBill’s services are enhanced by Yaga’s sophisticated payment and accounting applications that support micropayments, aggregated billing and stored value accounts while managing royalty accounting and split payments. In addition, Yaga provides content owners with advanced services such as digital rights management and content access control to manage, sell and merchandise digital content.
“Web merchants today are looking for payment solutions that give them a full range of services, including micropayments and 24/7 customer service. The iBill-Yaga relationship is designed specifically to give these merchants all the payment services they need to make money online,” said Garrett Bender, president and CEO of iBill.
About iBill
iBill provides secure transaction services that enable Web merchants to
accept and process real-time payments for goods and services purchased over the Internet. It also manages all back-office functions including reporting, tracking, customer service and sales transactions. The company’s service is powered by proprietary technology that integrates online payment processing, fraud control, affiliate management and financial reporting and tracking. For more information about iBill, go to www.iBill.com.
About Yaga
Yaga provides an advanced ASP platform that addresses emerging revenue and payment infrastructure needs of all online businesses. A sophisticated payment and accounting application supports micropayments, aggregated billing, and stored value accounts while also managing royalty/affiliate accounting and split payments. In addition Yaga provides advanced services, such as digital rights management and content access control to help manage, sell and merchandise digital content, goods and services. For more information about Yaga, go to www.yaga.com.
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