CyberCash
Expands
Users of the
CyberCash's "InstaBuy" service are now able to shop at more major
online merchants using InstaBuy's automatic form filling feature.
According to CyberCash, the additional feature will now make it even
easier for InstaBuy consumers to enjoy the convenience of one-click
shopping at merchant sites across the Internet.
"The new
capability is designed to serve as a bridge between today's world, in
which consumers have to navigate a bewildering variety of checkout
processes, and a future world in which their shopping experience will
be largely the same across the Internet," said Jim Condon, president
and chief operating officer at CyberCash. "In this future world,
merchants will integrate their sites with applications like
CyberCash's ëAgile Wallet' platform in order to take advantage
of value-added services that will improve profitability. In the
meantime, with the form wizard function of the Agile Wallet,
consumers will enjoy the convenience of simplified purchasing at most
major Internet merchants."
According to
Condon, the value-added services CyberCash plans to include in future
releases of its wallet include integration with incentive and reward
programs, fraud control, order tracking, currency conversion, and
others. Merchants who integrate the Agile Wallet platform into their
sites will reap the benefits of these high-value added
offerings.
"The form wizard
capability makes the Agile Wallet even more attractive to financial
institutions that wish to offer their customers a branded utility to
make Internet shopping easier," said Nancy Goldberg, executive vice
president at CyberCash.
CyberCash also
announced its full support of the "Electronic Commerce Modeling
Language," an industry model for the way merchants set up their
payment and shipping pages. See a future issue for more information
about ECML.
"A widely adopted
format for the payment process will make things easier for everyone,"
said Denis Yaro, executive vice president, CyberCash. "We see no
losers. We enthusiastically support the creation of a standard, and
we will incorporate it into our form wizard as soon as it begins to
be adopted by merchants, which we hope will be in time for the
holiday shopping season."
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