and since our online payment options do not require purchasers to have an account with Bankinter, we are able to offer the advantages of the OneTouch system to the entire Spanish market
Bet Shemesh, Israel, and Madrid Spain (PRWEB) April 12, 2007 –
eBIZ.mobility LTD today announced a partnership with Bankinter S.A., a leading Spanish bank, to add eBIZ.mobility’s ground-breaking OneTouch Online Purchasing system to Bankinter´s already extensive online payment processing offerings.
The OneTouch Online Purchasing system will enable Bankinter to offer an easy, fast and secure multi-device payment option for music downloads and other digital content including videos, games, ring tones and more.
According to Fernando Alfaro, Executive Vice President and Head of Innovation at Bankinter, integrating the OneTouch system will contribute to maintaining Bankinter’s innovative edge.
"OneTouch Online Purchasing offers our customers the unique ability to purchase digital content without any fear of online identity theft,” said Mr. Alfaro, “and since our online payment options do not require purchasers to have an account with Bankinter, we are able to offer the advantages of the OneTouch system to the entire Spanish market,” he continued.
Bankinter believes that the OneTouch system could be the right model for the open Internet and is considering expanding the use of OneTouch in the future to enable a wide range of other online purchases, in addition to digital content.
“Using the One Touch system purchasers do not need to disclose their credit card details online, higher level authentication is achieved, and there is a lot less financial risk for everyone involved,” said Mr. Alfaro.
Jeremy Kagan, eBIZ.mobility’s CEO noted that the patent-pending Federated Payment technology behind the OneTouch system offers banks several key financial benefits.
“Our technology will allow Bankinter to process payments for digital content without the effort and expense of acquiring merchants. Not only that, but because customers can choose to charge their bank accounts directly using OneTouch, the bank will keep funds that may have previously been transferred to other online payment options such as PayPal,” said Mr. Kagan.
Bankinter is slated to begin deploying OneTouch Online Purchasing immediately.
Bankinter is currently among the top six Spanish banks and is recognized by Business Week as one of the top 100 innovators worldwide. Originally founded in June 1965 as an industrial bank, Bankinter was listed on the Madrid stock exchange in 1972, and became a commercial bank at that time.
More than 60% of Bankinter financial transactions are now performed through remote channels (Internet, telephone banking, electronic banking, mobile telephony), the main one being the Internet, where around 46% of the Bank’s transactions take place. The bankinter.com website channel offers a wide range of financial products and services, in addition to customer counseling, aggregators, product simulators and a wide variety of value added services. It is a benchmark for Internet banking in the Spanish market.
Established in 2003 by experts from the telecom and financial software industries, eBIZ.mobility provides the only commercial solution that enables consumers to buy digital content (music, videos, games, ring-tones, photos and more) without fear of identity theft or credit card fraud. Using OneTouch Online PurchasingTM, consumers simply charge a billing account with the telecom service provider or bank of their choice. By joining eBIZ.mobility's Federated PaymentTM community, service providers increase profits from payment processing, while content providers boost sales and reduce 'revenue leakage.'
For more information, please contact:
Head of Communications
Paseo de la Castellana 29
Tel: 34 91 339 7561
Fax: 34 91 339 7783
bhernanz @ bankinter.es
Vice President, Marketing Communications
15 Hashoshan Street
Bet Shemesh 99590
debbie.benstein @ ebizmobility.com
OneTouch Online Purchasing, Federated Payment and eBIZ.mobility are trademarks of eBIZ.mobility LTD. All other trademarks are the property of their respective owners.