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Auctionbytes-NewsFlash, Number 2151 - November 03, 2009 - ISSN 1539-5065
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Paymate Names Chase Paymentech Its Global Payments Processor
By Ina Steiner
AuctionBytes.com
November 03, 2009
Reading AuctionBytes: Paymate Names Chase Paymentech Its Global Payments Processor
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 Paymate, an alternative payment provider, has selected Chase Paymentech to process its online payments for its small to medium size businesses. As an integrated payment provider with companies such as eBay, Paymate Global provides a secure interface and gateway from which consumer credit-card holders can make payments to purchase goods and services through Paymate. The company also acts as a back office service provider, delivering email notices to consumers to collect payments on behalf of its retailers.
In other news, Paymate is running a contest. Paymate clients who come up with a winning caption in the Paymate Cartoon Contest will win $100. The current caption in the Paymate cartoon capitalizes on the fact that the company deposits payments into merchants' bank accounts rather than being a stored-value system. (Link to contest.)
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