2Checkout.com Signs With Merchant e-Solutions for Global Payment Processing

Merchant e-Solutions is pleased to announce that they have signed a letter of intent with 2Checkout.com, Inc. to process all domestic and international credit and debit transactions through its Global Acquiring Platform. REDWOOD SHORES, Calif., March 3 /PRNewswire/ -- 2Checkout.com, Inc.(2CO) is an authorized reseller for over 1.6 million tangible or digitalproducts and services. 2CO provides e-commerce solutions to thousands ofbusiness customers around the world. 2CO's proprietary technology supportsback-office functions including financial reporting, tracking, fraudprevention, affiliate tracking, customer service and sales tracking. The Merchant e-Solutions (MeS) Global Acquiring Platform, or GAP, willfurther enhance the turnkey e-commerce solutions that 2CO provides. GAPwill allow 2CO's customers to sell merchandise in US Dollars, Euros,Pounds, Yen, Canadian Dollars and dozens of other currencies, increasingtheir reach to millions of international consumers who might otherwise shopelsewhere. GAP also supports a complete list of debit and alternate paymentmethods commonly used throughout Europe. Additionally, usage of GAP allowsconsolidated reporting for international and domestic transactions, andreduced foreign exchange risk with refunds processed in the same currencyas the original purchase. "2Checkout has grown quickly and profitably for the past 9 years, andmuch of our success can be attributed to our identification of newsolutions that give our business a competitive advantage in the market.Merchant e-Solutions' GAP not only provides comprehensive support forcurrencies and payment methods throughout the world, but back-end toolsthat help us manage them more effectively," said Alan Homewood, CEO of2Checkout. "We feel that through this platform 2Checkout has unlimitedpossibilities for expanding our business to every corner of the globe." "We are thrilled to partner with 2Checkout and are looking forward tohelping them expand throughout the world," said Sharif Bayyari, CEO ofMerchant e-Solutions. "From the beginning, our mission has been to harnessthe power of the Internet in the global marketplace. The selection of GAPby a leader and innovator in the online retailing space like 2Checkout isfurther testimony to the unique value proposition for US merchants withcustomers throughout the world." About Merchant e-Solutions Merchant e-Solutions is an e-commerce company providing traditional andinternet-based payment services to community banks and merchants. Inaddition to providing traditional payment processing solutions via dialterminals and personal computers, Merchant e-Solutions provides servicestailored for the e- commerce industry, including the MeS Payment Gatewaythat's easy on a merchant's IT resources and ideal for integration withexisting order-entry products, shopping carts, electronic retail systemsand cash registers. Solutions are PCI compliant and include 'best rate'validation and comprehensive web-based reporting tools. MeS headquartersare in Redwood City, California with satellite offices in Minnesota,Florida, Washington, and Georgia. About 2Checkout.com, Inc. Headquartered in Columbus, Ohio, 2CO serves an average of over 8million page views per month. Since its inception in 1999, 2CO hasmaintained steady and maintainable growth. In 2007, 2CO serviced over 1.9million buyers for a total of over 219 million dollars in sales. Thecompany offers a low cost and user friendly interface to its merchants. This press release was issued through 24-7PressRelease.com. For furtherinformation, visit http://www.24-7pressrelease.com.
Jim Aviles Merchant e-Solutions Chief Operating Officer 3400 Bridge Parkway 100 Redwood City, CA USA 94065 javiles@merchante-solutions.com