Bet Shemesh, Israel (PRWEB) September 17, 2007 -
Â eBIZ.mobility LTD today announced open sign-up for their pioneering OneTouch Online PurchasingTM service, which offers merchants worldwide a new payment processing channel with better profit potential and vastly reduced financial risks.
Using patent-pending Federated PaymentÂ technology, the OneTouch Online Purchasing service is specifically designed for digital downloads such as music, videos, games, ring tones and more. The service can process both micro payments and larger transactions.
Instead of using credit cards, payments processed with OneTouch Online Purchasing are routed to purchasersÂ existing accounts at banks, phone companies, mobile operators, or internet service providers. Purchasers do not need to enter any personally identifiable information or financial details when purchasing, which essentially eliminates the risk of credit-card-like identify fraud.
Unlike other online payment processing solutions, OneTouch Online Purchasing does not have any country restrictions, and accepts merchants from across the globe.
According to Jeremy Kagan, eBIZ.mobilityÂs CEO, the OneTouch system has several advantages over existing payment processing channels. ÂUsing OneTouch allows merchants to reach new target markets, such as teenagers who donÂt have access to credit cards, and others who are hesitant to buy online because of security concerns. Additionally, merchants keep more of the money they make because there are no chargeback fees and disputes are reduced with the introduction of OneTouch as an objective third party,Â said Kagan.
Merchants can find out all about OneTouch Online Purchasing at http://www.onetouchpurchasing.com. Merchants who sign up for the newsletter, the Check It Out! program or Commercial Pilot will receive special bonuses such as no account set-up fees and waived monthly subscription fees.
Established in 2003, eBIZ.mobility provides the leading commercial solution, OneTouch Online PurchasingÂ, that enables consumers to purchase digital content (such as music, ring tones, games, video clips, wallpapers), anywhere on the web, via their computer or their mobile handset, and charge it to a billing account with the bank or telecom service provider of their choice (Telco, ISP, ITSP, or Mobile). With OneTouch, consumers can easily purchase digital content online without fear of identity theft and credit card fraud; service providers increase their profits from payment processing; and content merchants increase their profit margins and reduce 'revenue leakage'.
Our breakthrough Federated PaymentÂ technology (patent pending) enables merchants to monetize the 40 percent of internet users (like teenagers) who, according to the Yankee Group, do not have credit cards. eBIZ.mobility's leading edge solution has earned recognition by the Liberty Alliance as the innovation that will propel the online commerce market forward.
For more information, please contact:
Atar Off Jerusalem
Har-Tuv Industrial Zone
Bet Shemesh 99101
OneTouch Online Purchasing, Federated Payment and eBIZ.mobility are trademarks of eBIZ.mobility LTD. All other trademarks are the property of their respective owners.