Philadelphia, PA - November 10, 2006 Just in time for the holiday season, SECURE-eBill, an alternative payment solution that allows consumers to pay for orders from their bank online, today announced aggressive incentives for merchants and their customers. SECURE-eBill is offering free transaction processing for new merchants that accept the payment option between November 10, 2006 and February 28, 2007. SECURE-eBill will also offer a $25 rebate to consumers who shop at the merchants’ sites during that time period and pay for online purchases using the payment option. MODASolutions, the provider of SECURE-eBill, joins alternative payment providers PayPal and Google in offering attractive incentives in time for the approaching holiday shopping season.
SECURE-eBill, offers unique benefits to both merchants and consumers. “Consumers maintain control, security and privacy while shopping online or by phone. Merchants gain significant savings in transaction costs and the ability to leverage the growing community of online banking consumers while maintaining direct relationships with their customers,” says Marwan Forzley, President and CEO of MODASolutions.
According to Forrester Research, online sales for 2006 are expected to exceed $211 billion. Yet more than 50 million Americans don’t own credit cards, limiting their ability to shop and buy online. Many other consumers won’t use credit cards online because they fear disclosing sensitive personal and financial information over the Internet. That leaves the door wide open for a secure, cash-like payment alternative that provides online shoppers a new shopping experience, while maintaining their privacy and financial integrity.
MODASolutions’ SECURE-eBill fills this void with its safe and convenient process. Consumers simply select the SECURE-eBill payment option at checkout, provide only their email address to complete their order and, seconds later an invoice confirming their purchase arrives by e-mail. They then pay the invoice from their online bank account, just as they would pay any other bill online. Unlike credit card and electronic check purchases, SECURE-eBill never exposes consumers’ personal or financial information over the Internet, and does not store this information in any retailer’s online database.
To learn more about SECURE-eBill and this limited, special offer for qualified merchants, email .
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™, 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®, 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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