AmeriNet, Inc. and eUniverse, the leading interactive entertainment network, today announced that AmeriNet’s Debit-it technology will provide electronic online check processing for eUniverse.
Debit-it will first be deployed on eUniverse’s dating site, Cupid Junction. Debit-it will offer visitors secure online checking account debit transactions that are as easy as paying with a credit card.
Features of Debit-it include a real-time user interface that mirrors a credit card transaction, batch processing of checks, the AmeriNet Parsing engine that eliminates 8-10 percent of errors up front, built-in fraud screening, processing of both Web and phone orders, paperless transactions, custom reporting, and ease of integration through a transaction server that integrates in less than two hours.
Debit-it has rapidly become an industry standard for online transactions. In the past month, the Electronic Retailing Association, the national retail trade association with more than 100,000 members who sell goods and services online, and NACHA — The Electronic Payments Association, have reached agreements with AmeriNet for deploying Debit-it.
“Many Internet users don’t have credit cards or, for many reasons, don’t want to use their credit cards on-line,” said Pat Dane, Executive VP of Sales and Marketing for AmeriNet. “Our technology will give them a secure, easy alternative to using credit cards and will help companies, such as eUniverse, save money on transactional and administrative costs.”
“We are happy to offer our visitors safe alternatives to credit card online order processing, and we think Debit-it will increase customer security and comfort with the eUniverse network,” said Brad Greenspan, Chairman and CEO, eUniverse. “We also appreciate the lower cost per transaction and easy reporting method used by Debit-it.”
About AmeriNet, Inc.
AmeriNet, Inc., founded in 1994, has an established history of providing checking account debit transactions over the phone and the Internet. It’s the leader in the DRTV industry for paperless debit transactions. AmeriNet’s proprietary system, called Debit-it, makes purchases as easy as a credit card payment, which gives customers without credit cards or those concerned with security a convenient an easy-to-use option that is very similar to credit card transactions. Debit-it has processed over 5 million transactions over the Internet the past two years. For merchants, Debit-it is cost-effective with credit card transaction fees and helps add and retain customers. AmeriNet is headquartered in Portland, Ore., and has its network operations in Clearwater, Florida
eUniverse, Inc. ([www.euniverse.com]) is the Internet’s leading interactive entertainment network. Focusing on diversion-oriented content, eUniverse is consistently ranked as a top 10 weekly Internet property according to Nielsen//NetRatings. The eUniverse network includes Flowgo ([www.flowgo.com]), the largest entertainment Web site according to Nielsen//NetRatings; dating site Cupid Junction ([www.cupidjunction.com]); leading community site Just Say Wow ([www.justsaywow.com]); and one of the largest e-mail newsletter networks, delivering entertaining and informative content to more than 50 million subscribers, including the recently acquired InfoBeat and IntelligentX family of online publications.