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A Thing The Missing Link


The Missing Link

     Last week, Signio, Inc., announced availability of the Payflow LinkSM service, the newest addition to their Payflow payment service platform aimed at resellers. The Payflow Link platform enables small-and-medium sized businesses to authorize, process, and manage unlimited credit, debit, and Internet check transactions for a flat monthly fee. For resellers, Payflow Link is an easy to use Web hosted payment solution for their small and medium-sized customers.

Now Back to Payflow Link

     The announcement of Payflow Link means that resellers now have the ability to deliver to customers a cost effective Internet payment solution that includes consolidated payment services for credit cards, debit cards and Internet checks for a flat, low monthly fee. Payflow Link enables merchants to connect their customers to a secure Signio-hosted Payflow Link order form and use it to automate order acceptance, authorization, processing, and the management of transactions.

     Payflow Link can be used to manually enter transactions without the need for an Internet storefront, or can be added to any new or existing e-commerce storefront site. Transparent to customers, purchasing data is processed by Signio and sent to the appropriate financial institution or transaction processor. Automatic clearinghouse (ACH) transactions are also available.

     Payflow Link also supports Signio Manager, a new Merchant Administration Service. The Signio Manager service allows management of transaction activities and configuration of the Payflow Link service. A suite of features includes a transaction terminal, pre-defined or customized reports, search tools, and the transaction details.

Benefits of Payflow Link

     Payflow Link provides resellers with benefits, including:

  • Connectivity with more payment processors than any other solution in the industry  

  • Seamless and immediate deployment of payment services for virtually every payment type—including credit cards, debit cards, automated clearinghouse transactions, and Internet checks  

  • Unlimited credit card and Internet check transactions at a fixed monthly fee  

  • Integrated fraud screening and risk management in partnership with eHNC  

  • Integration with major shopping carts and leading B2C and B2B platforms including Intuit’s QuickBooks and CommerceOne’s MarketSite  

  • Real-time credit card and check authorization averaging 2.2 seconds
     

  • Customizable back office reporting tools  

  • 24x7 Customer Service

     “The Payflow Link service enables small-and medium-sized businesses to conduct secure automated transactions over the Internet in a fast and easy way. With a cost-effective payment platform, resellers can now provide a quick and robust solution to merchants of all sizes,” said Philippe Courtot, Signio’s chairman and CEO. “With Payflow Link, Signio now delivers to resellers an easy to deploy payment platform that can be activated in minutes allowing their customers to focus on their core business.”

Some Background

     If Signio is a new name to you, here’s some background. Signio is a provider of payment services connecting online merchants, business to business exchanges, payment processors, and financial institutions on the Internet. Signio provides seamless connectivity across the Internet, from e-commerce applications to all major back-end payment processors and quickly enables companies to authorize, process, and manage multiple payment types, including electronic checks.

     Signio boasts an impressive list of customers, including CBS Sportsline, Store.com, furnitureonline.com, Network Solutions, Prime Sports Interactive, wine.com, woman.com, and WebMD. Signio’s list of investors is equally impressive, with names such as Intuit, Bank of America, and Wells Fargo. Signio currently counts close to 2000 online merchants and more than 200 resellers in its payment services network and has linked its services with payment processors including EDS, FDC, Nova, Paymentech, Telecheck, and Vital.

     Signio’s payment platform delivers a robust, easy-to-deploy payment solution that enables a Web site to transform into an online storefront in a matter of minutes. 

Pricing and Availability

     Payflow Link is available now for as low as $19.95 a month for unlimited transactions. For more information about Payflow Link, or for information on becoming an authorized reseller, visit http://www.signio.com.

     Also worthy of note, in December, VeriSign, Inc., a leading provider of Internet trust services (the folks that issue digital certificates) announced plans to acquire privately held Signio, Inc.

      “With the dramatic growth in online storefronts and B2B exchanges, customers are looking to deploy trusted, reliable, and frictionless payment solutions,” said Stratton Sclavos, president and CEO of VeriSign. “Signio’s industry-leading payment services and deep relationships with payment enablers allows us to expand our range of service offerings and to further build out the trust infrastructure for the Internet.”

     VeriSign plans to offer Signio’s services through both its direct and indirect sales channels and will collaborate with the Signio team to further enhance the services that Signio delivers. Philippe Courtot, Chairman and CEO of Signio. “By linking Signio’s payment services with VeriSign’s widely-recognized brand, sizeable customer base, and global network of resellers and affiliates, we can now further accelerate market adoption of our payment platform.” 

 

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