Internet Billing Co., Ltd. (ibill) unveiled yesterday at Fall Internet World 97 a functionally rich, turnkey e- commerce management solution for Web sites with an existing Internet merchant account. The new online billing solution, called ibill TP (Transaction Processing), delivers transaction data and transaction management capabilities previously unavailable to Web administrators from e-commerce solutions providers, the company said.
! ibill TP is being implemented through two of the company’s online billing products: Credit Card Subscription Sales TP, a real-time credit card processing service for one-time or recurring billing optimized for Web sites selling content and services; and Catalog Sales TP, a merchandise ordering/credit card payment solution for Web sites selling tangible products.
Both of these ibill TP-implemented products are targeted at transaction- intensive sites, and/or those that want to manage their own accounts. Because ibill provides a secure, packaged transaction processing infrastructure, Web- site costs normally associated with acquiring an internal proficiency in transaction technology, or developing an in-house transaction processing infrastructure, have been eliminated. The result is rapid account creation with no setup costs.
“Creating a billing module of this dimension from scratch would be prohibitively expensive for many Web sites, both in terms of cost and in time required to build the technical expertise and staff,” said Cathy Josey, ibill Vice President of Sales. “With ibill TP, we provide not only the secure processing environment, but the management tools necessary to effectively operate an e-commerce business.”
ibill CMIs — Channel To Transaction Management
ibill TP is comprised of three components: ibill secure transaction processing enabling Web sites to submit charges to the credit card authorization network, ibill’s turnkey point-of-sale interface for presenting payment options and proofs-of-purchases to Web site customers, and ibill’s exclusive Commerce Management Interfaces (CMIs) enabling Web administrators to directly manage all aspects of the transaction, including data entry, accounting, and customer service functions.
Through ibill CMIs, Web administrators have the capability to track transactions via credit card number, process refunds directly, modify payment options, and other transaction management functions. All data is available for download in various formats. Administrators have access to transaction data 24 hours a day, 7 days a week for Account Maintenance (setup/ data entry), Customer Service (end-user billing/merchandise tracking inquiries), and Sales Reporting (sales tracking and monitoring), Josey said.
No Setup Costs
Web sites can be fully operational within 48 hours, with no setup costs and no software to install. Credit Card Subscription Sales TP and Catalog Sales TP are available now. “In addition, ibill is making available Basic TP for Web sites who have their own point-of-sale software running a secure Web server, and who wish to use ibill merely as their conduit to the credit card authorization network,” Josey said.
For technical or sales information on ibill TP or other ibill online billing solutions, contact: Cathy Josey, Internet Billing Co., Ltd., 5701 Pine Island Rd., Suite 240, Fort Lauderdale, FL 33321, Telephone: 888-237-1764, or fax: 954-726-3748, e-mail, email@example.com; or visit the company’s Web site at .
Internet Billing Co., Ltd. is a leading worldwide provider of secure online payment processing and services for business-to-consumer and business- to-business electronic commerce. The company’s robust transaction processing environment affords Web merchants a full menu of functionally rich, turnkey options to enable payment for goods and services purchased over the Web. In addition to its standard products and services, ibill develops customized billing solutions to meet unique online transaction processing applications.
Founded in October 1996 in Fort Lauderdale, Fla., ibill is developing Technology Partnerships with other leading e-commerce technology companies, including Fujitsu Systems Business of America, San Jose, Calif. ibill is a privately held company.