Auctionbytes-NewsFlash, Number 118 - July 08, 2001 - ISSN 1539-5065
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Pitney Bowes Launches PayPal Clone for B2B Payments
By Ina Steiner
AuctionBytes.com
Pitney Bowes introduced PitneyPay, a comprehensive Internet payment solution for eMarketplaces and exchanges. PitneyPay provides users with a variety of convenient options including, a direct pay service - ACH
(Automated Clearing House) Debit, for securely sending or receiving payments online immediately, an escrow service, or any combination of the two. Additionally, simultaneous payments can now be dispensed to multiple vendors associated with the transaction through an integrated payment routing system. Pitney Bowes has also formed strategic alliances with Heavynet, LLC and USA Flower Exchange to integrate the PitneyPay solution into their respective marketplaces. PitneyPay will serve as the exclusive online payment option for all transaction payments.
http://www.pitneypay.com
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