PSINet Inc. and eCommony Inc., a provider of person-to-person (P2P) payment solutions, announced a global partnership agreement. Under the terms of the alliance, eCommony will use PSINet’s hosting services for it’s PayToCard international payment infrastructure, while PSINet will leverage eCommony’s infrastructure to offer a full range of payment solutions to its e-commerce customers.
The PayToCard Network () offers every website, host, portal and Internet service provider (ISP) a complete drop-in person-to-person credit card payment infrastructure. Any website can enable P2P e-commerce in hours, and for the first time, individuals can electronically accept secure credit card payments at the website of their choice, without registering at third party websites.
“PayToCard is the best available infrastructure for P2P payments processing,” said Daniel R. Meltzer, PSINet branch director in New York. . “We are very excited at the opportunity to cooperate with eCommony and intend to participate in their upcoming round of financing.”
According to Saar Safra, chief technology officer of eCommony, “Since we’re the first P2P financial infrastructure for websites, we wanted the most substantial player in the ISP market to host our production servers. After checking various alternatives, we found that only PSINet offers the three most important elements a financial infrastucture needs: availability, credibility, and service.
eCommony is currently using PSINet’s hosting services on both coasts of the U.S. By the end of the year, eCommony will open more production centres, first in Europe, then around the world.
Headquartered in Herndon, VA, PSINet is an Internet Super Carrier offering global eCommerce infrastructures, end-to-end IT solutions and a full suite of retail and wholesale Internet services through fully-owned PSINet subsidiaries.
Services are provided on PSINet-owned and -operated fibre, satellite, Web hosting and switching facilities, providing direct access in more than 900 metropolitan areas in 29 countries on five continents. PSINet information may be obtained by e-mail at [email protected], by accessing the Web site at , or by calling +1 800-799-0676 within the continental US. PSINet Transaction Solutions, headquartered in Reston, Virginia, is a fully-owned subsidiary that provides data communications services for transaction-oriented applications.
About eCommony, Inc.
Founded in 1999, eCommony Inc. designs, develops and markets innovative, patent-pending solutions enabling Person-to-Person (P2P) e-commerce over the Internet. eCommony’s technology is best suited to serve any site providing auctions, classifieds, e-consulting, e-service and garage/yard sales as well as private Shareware sellers. eCommony’s innovative, patent-pending risk management technology is designed to fit the specific needs of the P2P market. For more information, please visit the company’s website at  To see the contact details for this release click here. Contact information for releases is available to registered visitors only.