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Credit Card Processing from a Desktop

Virtual Terminal Payment Solution COMSTAR INTERACTIVE CORP.

Comstar Interactive Corp. has introduced Virtual Terminal (VT) Payment Solution, a new service that allows businesses to securely process credit cards and manage their transactions on the Internet using their existing desktop computer (Windows or Macintosh), printer and Internet connection. Since the service is browser-based, no additional processing equipment, software or telephone line is required.

In addition to handling traditional credit card payments, users of VT Payment Solution can set up recurring payments, auto charges and batch processing for retail and e-commerce orders; the service also allows users to conduct pre-sale authorizations.

Credit card information can be captured in two different ways: by typing in the customer's card number and expiration date, then clicking Submit; or by swiping the credit card using an optional card-swipe device that can be attached to the computer's keyboard. After receiving approval from the credit card processor on the Internet, users can print a receipt for a customer using the computer's printer.

Transaction data is processed over the Internet using 128-bit Secure Socket Layer (SSL) technology, so data is protected and secure. Transaction data is also automatically stored in an encrypted archival system where it can be retrieved and reviewed.

VT Transaction Manager, a component of the VT Payment Solution service, provides users with a real-time view of their credit card sales. Users can query the database to create and print custom reports and import or export data to software such as Microsoft Excel to integrate with their legacy systems.

VT Payment Solution is targeted to businesses accepting payments on-site where personal computers with Internet access are used, such as doctors' offices, hospitals, vehicle sales or repair establishments, retail stores and restaurants.

VT Payment Solution also can be used in conjunction with Comstar Interactive's wireless credit card processing solution, called CHARGE ANYwhere ("Wireless POS Mighty Mite" Green Sheet, March 25, 2002, issue 02:03:02).

Comstar Interactive Corp.
19 West 34th Street, 9th floor
New York, NY 10001
800-211-1256, ext. 150
www.comstarinteractive.com

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