WILMINGTON, Del. - February 27, 2008 As lending standards tighten, and credit card interest mounts, online retailers are reacting by offering interest-free, cash payment checkout options for shoppers. Several leading retailers have announced that they will now offer consumers an option to pay now rather than later with eBillme, which allows shoppers to pay with cash, directly from their online bank account, without releasing any financial information. Consumers are responding by choosing secure online banking checkout. And, when given a cash-like alternative, these shoppers on average spend more online than credit card users, according to new JupiterResearch data.
The latest merchants to offer eBillme include Etronics.com, 4AllMemory.com, Shoplet.com, Canada Pharmacy, and CymaxStores.com. These retailers are now pairing consumer appeal of cash payment with promotions to incentivize shoppers at checkout.
- Etronics.com is offering a $25 rebate on eBillme orders over $100. Ranked No. 72 on Internet Retailer’s list of the top 500 Web sites, Etronics.com offers name-brand electronics at discounted prices, with a 30-day return policy.
- 4AllMemory.com is giving shoppers $10 off on all eBillme orders. 4AllMemory.com carries 100 percent guaranteed compatible computer RAM upgrades for all major manufacturers, including Dell, Apple, Compaq, Toshiba, Sony, and more.
- Shoplet.com is offering a pack of 24 Energizer AA batteries, valued at $20, with every order of $100 or more purchased using eBillme. Shoplet.com stocks over 200,000 products and services for the office. Specialty stores include Office Supplies, Computer Hardware, Software, Networking, Office Furniture, IT Supplies and Custom Print.
- Canada Pharmacy is the #1 ranked mail order pharmacy online. With more than 3,000 unique products to choose from, as well as 2,500 generic medications, Canada Pharmacy has filled over 4 million prescriptions. Canada Pharmacy strives to provide customers with all of the prescription and non-prescription medications needed, at the lowest price. Customer service is second to none and products are backed by a guarantee.
- CymaxStores.com is offering a $20 rebate on eBillme orders of $200 or more. The retailer supplies over 250,000 furniture products for bedrooms, living rooms, offices, and entrainment rooms with more than 100 specialty online store and one of the largest selections of products on the web. Shoppers can find brand-new merchandise from the top manufacturers in the world with full manufacturer’s warranty.
“With this added service, customers can shop with complete confidence knowing that every eBillme transaction through Etronics.com is guaranteed and protected,” says Mayer Balser, CEO and Co-Founder of Etronics.com. “The checkout process is simple, secure, and very appealing to our customers looking to checkout without a credit card and without incurring interest. eBillme is a perfect compliment to our commitment of customer service, customer satisfaction, and security. We are confident that adding eBillme to our online checkout will build customer loyalty and generate new sales opportunities for our business.”
eBillme is easy to use. When shoppers choose the option at checkout, their order is confirmed with an eBill sent to their e-mail address. Consumers simply pay the eBill through their online checking or savings account—the same way they pay utilities, loans, insurance, and other bills. The transaction occurs securely, bank to bank, with no personal or financial information required or transmitted over the Internet.
Because shoppers pay directly from their online bank account, they don’t release any financial information online. This helps consumers manage their spending and debt, while better safeguarding themselves from identity theft and fraud risks. eBillme’s buyer protection program takes security a step further. Provided at no cost to shoppers and retailers, the buyer protection features have the same or a better level of buyer protection than premium credit cards. Protection features include a return guarantee, price guarantee, in-transit protection, and fraud protection. Consumers can shop with confidence knowing their eBillme transaction is guaranteed and protected.
“Now more than ever, shoppers are looking for more payment options that allow them to pay now rather than later,” says Marwan Forzley, President and CEO of eBillme. “Consumers have been stung hard by easy credit, seen their debt skyrocket, and felt the weight of their payment burden increase. They don’t want to slip deeper in debt, but still need to shop for important items online. eBillme is uniquely positioned to ease consumer concerns and give retailers a way to attract the 84 million Americans who bank online and spend more than the average consumer.”
ABOUT eBillme
eBillme™ is the only online payment solution that extends the convenience of online banking to the merchant’s checkout, reducing the security risks of shopping online for both consumers and retailers. No financial data is exposed over the Internet to the retailer, and the payment transaction is securely transferred from the customer’s bank to the retailer’s bank. Consumers can shop online, by catalog or through call centers, and pay for their purchases at their bank, credit union, or bill pay portal, with the security and convenience of online banking. eBillme allows retailers to access the over 84 million Americans who use online banking. For more information, please visit us at www.eBillme.com.
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