Philadelphia, Pa. - February 27, 2007 - NicheRetail.com, No. 300 in Inc. Magazine’s 2006 top 500 list of fastest-growing private companies, announced today that shoppers at all 18 of its high-quality, niche-focused Web stores can now shop online or by phone, without using credit cards or disclosing sensitive personal and financial information. SECURE-eBill, the flagship product of payment provider MODASolutions, leverages the security and convenience of online banking to make Web shopping available to customers who prefer not to use traditional online payment methods.
“Offering SECURE-eBill to our customers as another payment option is a great way to build e-commerce relationships with our retailers and customers,” says Mike Galloway, Chief Financial Officer of Niche Retail. “Now shoppers have a new way to pay, especially if they don’t own a credit card, or are hesitant to use one online. Adding SECURE-eBill will certainly help fuel our company’s rapid growth in the marketplace, as we continue to offer only the best services to our Web and call center customers.”
Niche Retail is a B2C e-commerce company focused on offering superb customer service, comprehensive product research, and honest product reviews. With explosive growth of over 450 percent in three years, Niche Retail Web stores offer higher-end retail items ranging from Finnish Suunto watches to Italian Peg Perego car seats.
SECURE-eBill is available at all Niche Retail Web stores and call centers. As an introductory offer, Niche Retail customers who pay with SECURE-eBill will receive a $25 mail-in rebate on purchases over $150.This offer is valid until March 31, 2007, at 10 participating Niche Retail Web stores. Visit SECURE-eBill for a complete listing of participating stores.
The SECURE-eBill process is fast and easy to use: online shoppers simply select SECURE-eBill at checkout, while customers paying by phone request SECURE-eBill when completing their order. An eBill, or electronic invoice, is e-mailed to the customer confirming the purchase, and provides instructions on how to pay for the eBill through online banking. Consumers then login to their bank, and pay the invoice through available funds in their checking or savings account. No personal or financial data is exposed over the Internet or the phone, and the payment transaction is securely transferred from the customer’s bank to the retailer’s bank.
“We are excited to be part of Niche Retail’s impressive array of e-commerce web stores, and to work with them to support their customers as they purchase incredible products from around the globe,” says Marwan Forzley, President and CEO of MODASolutions. “As a forward-thinking, customer-focused company, Niche Retail recognizes the growth potential of the online banking market. We are thrilled to help them tap into this market, and spur even greater sales, while enhancing customer satisfaction.”
ABOUT MODASolutions
MODASolutions provides proprietary software solutions that significantly reduce the risk of e-commerce transactions for both consumers and merchants. MODASolutions' flagship offering, SECURE-eBill(TM), allows consumers to pay for online purchases through the security and convenience of their existing online bank accounts. With SECURE-eBill, merchants are better able to capture sales, manage fraud, reduce costs, and satisfy consumer demand for secure online shopping. MODASolutions has a strategic relationship with MasterCard RPPS(r), an electronic payment network that leading consumer service providers, billers, and lockbox service providers utilize as their single service connection. MODASolutions has offices in Philadelphia, Atlanta, and Ottawa.
For more information, please visit www.modasolutions.com and www.SECURE-eBill.com.
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