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    MODASolutions Launches Back-to-School Program to Help Merchants Boost Sales for the Upcoming Season

    Company offers free transaction processing and 1 percent cash-back on all transactions processed between August 15th and September 30th to new retailers who launch eBillme, MODASolutions’ secure online banking payment alternative


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    WILMINGTON, Del. - June 26, 2007 School’s out for the summer, but merchants are in the heat of developing their back-to-school marketing strategies. And merchants who really want to make the grade can turn to MODASolutions’ new back-to-school incentive program, which offers free transaction processing and a 1 percent cash-back to new merchants who launch eBillme before September 15th. The offer will apply to all transactions processed during the upcoming back-to-school shopping season between August 15 and September 30, 2007. Full details of the program are available at http://web.modasolutions.com/template.php?unique=174.

    MODASolutions, the leading provider of payment solutions that extend online banking to the merchant’s checkout, created eBillme, formerly SECURE-eBill, as a payment alternative for merchants to reach the Web’s most lucrative customers—those who bank online and also shop online. This large consumer segment spends 117 percent more than the average online shopper, making them an attractive customer base during the back-to-school shopping season.

    “Merchants are now thinking, planning, and making decisions about how they are going to maximize their profits for the back-to-school season—and our new merchant incentive program is designed to boost sales and attract new customers,” says Marwan Forzley, President and CEO of MODASolutions. “Merchants who adopt eBillme increase their average order values, get more first-time buyers, and receive more repeat business because of the increased checkout security and debt management.”

    The eBillme process is fast and easy to use. Online shoppers simply select eBillme at checkout when completing their orders. An eBill, or electronic invoice, is e-mailed to the customer confirming the purchase, and provides instructions on paying the eBill through online banking. Consumers then log on to their bank’s Web site, and pay the invoice through available funds in their checking or savings account. No financial data is transmitted over the Internet or phone, and the payment transaction is securely transferred directly from the customer’s bank to the retailer’s bank.

    ABOUT MODASOLUTIONS

    MODASolutions is the leading provider of payment solutions that extend online banking to the merchant’s checkout. The company is dedicated to increasing merchant sales by leveraging the power of online banking, while reducing the security risks of shopping online for both consumers and retailers. The company’s flagship product, eBillme™, does not require consumers to release any personal or financial information when placing orders. Consumers can shop online, by catalog, or through call centers, and pay for purchases at their bank, credit union, or bill pay portal, with the security and convenience of online banking. eBillme gives retailers access to over 84 million American users of online banking. More information can be found at MODASolutions and at eBillme.

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    Company contact:

    Vice President of Marketing
    eBillme | MODASolutions
    613-270-8755, ext. 3400