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FORM STRATEGIC ALLIANCE CREATING GLOBAL E-COMMERCE SOLUTION e-Commerce Breakthrough Web Based Solution Allows for Multiple Currencies TORONTO, CANADA - NOVEMBER 4, 1999 - DXSTORM.COM (http://www.dxstorm.com), application service provider of remote server e-commerce solutions to businesses and Webmasters, today announced a partnership with Planet Payment (http://www.planetpayment.com). This alliance will allow the first truly global e-commerce solution. The services of both companies will be available as a complete solution for anyone, anywhere in the world who wants to conduct business online. DXSTORM.COM offers solutions that give any merchant the ability to support international taxes, shipping to 250 countries and operation in any currency or language. Planet Payment provides merchants with settlement in multiple currencies and transaction processing in real-time through the payment gateway powered by Authorize.Net (http://www.authorizenet.com). This alliance is beneficial for many reasons. Non-U.S. resident companies can offer products for sale to a global audience and process transactions in hard, world currencies. This means that non-U.S. resident merchants can forgo the residency requirements to obtain U.S. dollar merchant accounts. U.S.-based merchants can process transactions in 14 currencies other than the U.S. dollar. "We are offering the first real global solution to a world market and there has been an overwhelming response for this type of solution," said Gregory Lowes, President of DXSTORM.COM. "This alliance provides the ability to truly sell online to a global market no matter how large or small the company. This is incredibly exciting." "Providing multi-currency credit card payment solutions to merchants everywhere and enabling secure online real-time e-commerce is at the core of our company," says Philip Beck, Chief Executive Officer of Planet Payment. "Partnering with DXSTORM.COM will have tremendous benefits to these new global merchants. We are truly excited about this venture and its positive implications for merchants around the globe."
ABOUT DXSTORM.COM
ABOUT PLANET PAYMENT
DXSTORM.COM Contacts:
PLANET PAYMENT CONTACTS:
Christine Szuszkiewicz
InterActive Agency, Inc. InterActive Agency is an online marketing, public relations and advertising firm. We specialize in driving traffic to Web sites and increasing product downloads. Our list server continues to provide up-to-the-minute news on our cutting edge clientele and projects. We always encourage you to send us feedback about this list server, our clients and our company. Correspondence should be sent to iagency@iagency.com. |
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