CobWeb, Inc. announced today it has signed a contract to provide its Merchant Gateway e-commerce application to SPRYNET’s Private Label Community (PLC) program.
SPRYNET’s PLC program allows original equipment manufacturers (OEMs), corporations and affinity groups to build a default Internet online service using the SPRYNET/CompuServe network as a foundation. Some 170 OEMs and value added resellers (VARs) sell equipment with SPRYNET’s Internet service product already loaded.
CobWeb, with its Merchant Gateway application, will allow the OEM partners to make fully secure online purchases available to consumers through their customized PLC. The Merchant Gateway application in turn makes use of the CyberSource Internet Commerce Service to offer the highest level of security to SPRYNET’s OEM partners. The Merchant Gateway application, which will be up and running in early October, will be one of the main components offered in the PLC Program.
Included in this service is a unique fraud screening module that checks each transaction against a specialized application designed to detect the likelihood of consumer fraud. This capability helps to insure OEM’s against credit card fraud on the Internet.
“The Merchant Gateway product is a natural choice for this kind of application,” said Stuart White, vice president and general manager for CompuServe/SPRYNET Seattle. “It makes the transaction completely easy, secure and bullet-proof for the end user. And the easier and safer it is for the consumer, the more sales it generates.”
Richard Lancaster, CEO of CobWeb, Inc., also lauded the ease of use and transaction safety ensured by the partnership. “Merchant Gateway allows SPRYNET to offer their customers a solution that provides transaction processing across the Internet in a highly secure environment, using today’s technologies,” he said. “Neither the individual OEMs or the consuming public have to own any proprietary technologies to be assured of the safety of this solution.”
Merchant Gateway is the first combined software application and financial service that unites all aspects of Web commerce and electronic order processing, including credit card transactions, electronic software distribution and hard goods fulfillment and distribution. CobWeb is actively building a nationwide network of resellers who provide Internet access, fulfillment and distribution services as well as merchant banking services.
Founded in 1969, CompuServe Incorporated provides the world’s most comprehensive online/Internet access through its two brands, CSi and SPRYNET. Through CompuServe, its Japanese licensee NIFTY SERVE and its affiliates around the world, more than 5 million home and business users in more than 185 countries are connected online and to the Internet. CompuServe Network Services is a leading network integrator, providing more than 1,200 companies around the world with complete, fully integrated Internet, Intranet, and Extranet connectivity solutions. CompuServe Network Services also provides the network for CSi and SPRYNET. With world headquarters in Columbus, Ohio, the CompuServe organization includes offices in the United Kingdom, Germany, France, Switzerland and the Netherlands.
Incorporated in 1994, CobWeb has become a leading provider of Web and Internet products and services. CobWeb has built more than 75 Web sites, including Microsoft’s Site Builder Network and Visual Tools Web sites. It manages more than 200 business Web sites in the Northwest as an Internet Service Provider in partnership with AccessOne, and creates and develops e-commerce solutions for businesses worldwide, including the Merchant Gateway software application.Details