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Solution to Net Trading Fears
Ex-University business team announces new and proven solution to the difficulties of merchant trade on the internet. They offer more reliable merchant accounts for new and small businesses. Now they are seeking venture capital for strategic expansion.
A business research team from Manchester University in the UK has solved some of the fundamental fears over trade on the internet. The team, founded in the Incubation Partnership, have created an end-to-end service package for any small to medium sized enterprise (SME) that wants to sell worldwide and offers the highest degree of security for both suppliers and customers.
A fully-automated online transactions management service offers merchant accounts to any trader and guarantees that customers will receive the goods they ordered. The team are now in the process of raising venture capital and establishing strategic partnerships with key leaders in select industries. Through these partnerships they will be offering traders around the world an unrivalled merchant account and transactions management service to trade safe from customer fraud.
The service is the product of the team's work over the last year, following earlier research work into the issues of internet and distant-selling fraud. The unique features include a fully-integrated package of services normally only found across a range of several applications and services. Their team leader and Research Director, Michael Bond says: "By offering an all-in-one packaged service we're giving the SME trader a simple but cost-effective way to set up and trade on the net, and through it we've solved the key worries of all forms of distant-selling, from customer and supplier fraud through to service reliability and cashflow difficulties."
Using a simple template for creating and managing an online shopping web site, catalogue and cart, with a full range of back-end management tools for any SME the team have shown that any SME manager can set up and be managing their sales within an hour of completing the registration.
Although formerly based at the University the team are now forming a new company with revised software and new features to take the service worldwide in association with key strategic partners. "We did find," Michael reported, "that a number of key corporate clients are interested in what we have to offer, because it supported very well with what they want to achieve. Now all we need to do is match the funding they can put in." To begin with the team are looking to raise upto a million pounds of venture capital for further development and delivery to their first clients. "We have already successfully proven the system with a handful of local SMEs", Michael said, "now we aim to enlarge on this with our major clients and partners."
From early responses to his presentations at leading companies, Michael believes that the service offers a radical evolution in the way all distant-selling transactions are managed. With the right partnerships he believes they could establish a new and higher standard in safety and security for all net and other trading at a distance.
Anyone wanting to learn more about the opportunity to use their service or to invest with the team can contact Michael at bdz_sb@bondevzone.com or visit the web site www.bondevzone.com/vio_sb.htm currently the team consist of Michael, a small administration staff and a select team of programmers from the University. Michael is currently recruiting a more substantial management team to help realise the potential of this unique service.
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