eBay.com Checks Out Paymate, New Online Payment Option Now Active in US

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New eBay.com approved, integrated full-service payment platform gives buyers more choice and simpler experience, sellers get more personalized alternative

Paymate's proven risk management capabilities will protect buyers and sellers conducting global commerce, and our highly rated client service will win us new fans in the US.

Paymate, a full-service provider of Internet payment solutions, announced today that its new online payment service is available in the United States and that Paymate has been selected by eBay.com as one of its approved, integrated payment providers.

With eBay.com making Paymate available as an approved payment service, US-based eBay sellers and buyers can now use Paymate during the checkout process starting today.

A full-service online payment platform, the Paymate service is designed to simplify the online payment experience by eliminating cumbersome, slow registration processes and streamlining the transaction with direct payments to sellers' bank accounts.

Dilip Rao, Managing Director for Sydney, Australia-based Paymate stated, "We have been working with eBay since late last year and are very pleased with the level of support and resources they have provided to enable us to go live today in the US. Our integration into eBay Checkout is a recognition of our global credentials as a safe and secure payment provider, making it easy for sellers and buyers to select Paymate as their preferred payment option."

He added, "Paymate's proven risk management capabilities will protect buyers and sellers conducting global commerce, and our highly rated client service will win us new fans in the US."

Paymate has earned high marks for customer satisfaction among Australian online shoppers and within the local eBay community by making the payment process significantly easier, faster and more reliable. As examples, sellers are paid faster as payments go directly into their bank accounts; buyers on eBay.com can easily Checkout to purchase items via a simple but secure online credit card authorization that does not require them to register with Paymate; and buyers' financial details are held securely by Paymate and not shared with sellers.

Paymate customer and eBay.com PowerSeller Frank Timms, added, "We've been using Paymate since they started here about eight years ago, and they've consistently been very cooperative and reliable, and we've found their payment services extremely easy to use. On the very rare occasion that there's been an issue with a payment or a customer, they go out of their way to sort it out as quickly as possible. They astutely resolve any issues and rapidly notify the sellers and buyers. Everyone acknowledges and greatly appreciates their level of professionalism and personal service."

Paymate will initially offer a credit card payment service that US sellers can use to accept US dollar payments via Visa, MasterCard and Discover on eBay Checkout as well as other merchant websites. Paymate's risk assessment systems will help sellers avoid fraud while buyers will be fully protected against unauthorized payments and non-delivery of goods.

About Paymate
Paymate offers secure, accurate, and reliable Internet payment services to both individuals and businesses. The company's full-service online payment platform is used by buyers in 57 countries and sellers in Australia, New Zealand and the USA, and it is an approved and integrated payment option on eBay. Founded in 2000, Paymate uses unique risk assessment services and Australian developed technology, to deliver safe and simple online payments. Paymate is licensed by the Australian Securities and Investments Commission (ASIC) as an Australian Financial Services Licensee (#290582).

About eBay.com
For further information on all of the approved electronic payment methods on eBay.com please go to: http://pages.ebay.com/help/policies/accepted-payments-policy.html

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Dilip Rao
Paymate
+612 9283 6977
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Lauren Dresnick
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