WildCard Systems announced it has been chosen by Yahoo! as an e-payment provider for the Yahoo! Shopping Gift Card, a stored-value gift card that enables consumers to make purchases from the nearly 10,000 stores available on Yahoo! Shopping ([http://shopping.yahoo.com]), and anywhere Visa is accepted online. The Yahoo! Shopping Gift Card is a great gift idea that offers consumers a convenient form of online payment, and also can be given to people as a single-use credit card. WildCard Systems, an e-payments company, serves as the issuing processor and hosts the Internet applications.
“We are proud to be selected by Yahoo! Shopping for this initiative,” said Larry Park, CEO and President of WildCard Systems. “WildCard’s turnkey value card solution enables people who use Yahoo! Shopping to conveniently purchase gifts from thousands of merchants, including trusted, brand name retailers.”
Available today, the Yahoo! Shopping Gift Card allows users to pre-load a dollar amount on a Yahoo!-branded stored-value card. The Yahoo! Shopping Gift Card works at all of the merchants on Yahoo! Shopping, taking the guesswork out of gift giving and offering shoppers a convenient gift option. Cardholders can research, compare and buy almost anything from more than 20 retail categories on Yahoo! Shopping, giving recipients a wide choice of merchants and a large selection of products.
“One of our goals is to help consumers choose the perfect gift for any occasion, and the Yahoo! Shopping Gift Card helps us achieve that goal, as well as offer people who do not have credit cards a convenient way to shop online,” said Jennifer Dulski, brand manager for Yahoo! Shopping. “We are pleased to work with WildCard because they offer a high-quality, scalable solution that works at all of our retailers on Yahoo! Shopping.”
“Consumers have come to expect innovation and versatility in payment options from Visa, and we are committed to meeting those needs by introducing new products, such as the Yahoo! Shopping Gift Card,” said Steve Diamond, Vice President, Stored-value Products, Visa U.S.A. “E-merchants appreciate flexibility in offering consumers many ways to pay, and Visa is happy to provide commerce leaders like Yahoo! some of the best payment options available to meet the needs of consumers.”
About Yahoo! Shopping
Yahoo! Shopping ([http://shopping.yahoo.com]) is the only place consumers need to go to find, compare and buy almost anything online. Consumers can find the popular brand-name retailers and buying information they want, as well as millions of products from thousands of merchants in more than 20 retail categories. Yahoo! Shopping also has convenient features, such as Yahoo! Wallet and Express Checkout, that make online shopping fast and easy. Yahoo! Wallet is the most widely accepted online wallet, currently accepted by more than 10,000 merchants. Yahoo! Shopping is part of Yahoo!’s comprehensive suite of commerce services, which also includes Yahoo! Auctions, Yahoo! Travel and Yahoo! Store. During the first three months of 2001, Yahoo! directly enabled more than $1.4 billion of transactions on its commerce platform.
About WildCard Systems
WildCard Systems is an e-payments company that is a technology leader for electronic stored-value accounts and related Web-based software. Stored-value (prepaid) type products, particularly those designed to make purchases on the Internet, represent one of the biggest untapped markets for consumer payments. WildCard’s secure e-transaction platform is supported by a full range of services to deliver a complete host-based stored-value solution for a wide range of vertical markets. The company has been selected by Visa, USA as a Preferred Processor for stored-value payment systems. WildCard’s clients include leaders in each of its vertical markets and some of the top financial institutions in the country. Founded in 1997, WildCard Systems is a privately held, venture capital backed company. The company is headquartered in Sunrise, Fla. with offices in Silicon Valley, Orlando and Atlanta. For more information, visit [http://www.wildcardsystems.com].