PayByCash™ Accepts MOL International's ePoints, Extending Secure Payment Options to the Growing E-Commerce Markets in Malaysia and the Pacific Rim.

PayByCash™ (Internet Payment Solutions, Inc.) has announced an exclusive agreement to process Malaysia's MOLePoint stored value Internet cards and eWallet payments.

Charlottesville, VA (PRWEB) October 8, 2007 -- Today PayByCash™ (Internet Payment Solutions, Inc.) announced an exclusive agreement to process Malaysia's MOLePoint stored value Internet cards and eWallet payments. MOL's focus is the 15 to 30 year old demographic, seen by the company as Internet savvy, eager customers for goods and services sold online. Previously, Western merchant access to the large and rapidly expanding Eastern marketplace has been limited and, at times, risky. MOL's ePoints and eWallets have gained enormous popularity and penetration in these lucrative markets with a strong focus on payment security. Long a concern, MOL goes so far as to characterize many of its customers as, "Extreme online payment security seekers."

"Credit cards are not as dominant in most countries as they are in the United States," noted Kevin Higgins, CEO of PayByCash. "Many consumers in the United States prefer non-credit card payment methods as well. Thus, in all markets - domestic and international - every merchant using PayByCash will have more customers and increased sales."

With the addition of MOLePoints to its 70 payment providers, and acceptance of most world currencies, PayByCash expands online merchants' ability to acquire and serve customers in over 230 countries

About PayByCash™ (Internet Payment Solutions, Inc.)

PayByCash has been delivering non-credit-card consumers to Internet merchants since April, 1998. PayByCash connects online merchants seeking ever expanding global reach while also serving customers who do not trust or use credit cards

PayByCash, unlike credit card systems, does not require merchants to pay fees for accepting payments, nor are merchants subject to charge-back fees. PayByCash delivers alternate payment e-commerce with one, clear-cut, secure integration, usually at no cost to merchants.

About MOL AccessPortal Berhad

MOL AccessPortal Berhad was incorporated in Malaysia in February 2000 as a private limited company, and was converted to a publicly listed company by April of the same year. MOL.Com Berhad is listed on the First Board of Bursa Malaysia and is one of the prominent technology and Internet investment holding companies in Malaysia with strategic interest in both local and foreign Internet and technology companies.

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