Payment Gateway enables cash payments in eCommerce.
Press Release Summary:
Pay Cash Payment Gateway facilitates installation of electronic payment solutions for online merchants that want to accept cash payments and attract un-banked customers. Utilizing Pay Cash technology, product enables merchants to integrate Pay Cash on their eCommerce website in hours, allowing them to accept secure, electronic cash transactions. It offers 1,024-bit encryption and integrates into existing eCommerce payment structures.
Original Press Release:
Cyphermint Introduces New Payment Gateway
August 17, 2004, Marlborough, Massachusetts-Cyphermint introduces the "Pay Cash Payment Gateway", a new easy to install electronic payment solution for the online merchant that wants to accept cash payments and attract the un-banked customer. This innovative payment gateway, utilizing Pay Cash technology, will enable merchants to integrate Pay Cash on their eCommerce website quickly and effortlessly. In a matter of hours, online merchants can accept electronic cash transactions securely using the payment gateway. The payment gateway information is available for download at www.paycash.us.
The Cyphermint Payment Gateway provides an easy-to-use merchant payment solution over the Internet. The Pay Cash Payment Gateway offers 1,024-bit encryption, does not require an investment in hardware or software, and easily integrates into existing eCommerce payment structures. The Cyphermint Pay Cash System(tm) provides the most complete Internet payment system for B2B and B2C eCommerce and is designed to fight the high incident of fraud and identity theft.
"Our Payment Gateway provides Pay Cash security, eliminates charge backs and is ideal for virtually any size merchant. The payment gateway handles cash payments ranging from micro-payments to multimillion-dollar transactions," said Joseph Barboza, President and CEO of Cyphermint. "Merchants using our Pay Cash System can now get all our security and sell to consumers without a bank account, simply and quickly".
Cyphermint provides the industry's most secure global electronic cash payment and eCommerce infrastructure solutions on the market. Our global solutions focus on kiosks, Internet cash payment, and next-generation stored value cards. The heart of Cyphermint's solutions is the Cyphermint Pay Cash System. The Pay Cash System provides unparalleled security and anonymity between parties as well as lower transaction costs. Most important, Cyphermint's Pay Cash System provides immediate clearing of payments without the risk of chargebacks or fraud and substantially reduces the cost of doing business, therefore increasing the Return on Investment (ROI). For more information about Cyphermint's Payment Gateway contact Kenneth Stempler at 508-787-4811 or visit Cyphermint at www.cyphermint.com.
Ellen Calarese
Marketing Coordinator
Cyphermint, Inc.
241 Boston Post Road West
Marlborough, MA 01752
508-481-6400
www.cyphermint.com
