New Solution Immediately Available To Installed Base Of Over 1000 ISPs- Largest Independent ISP, Joi Internet, To Deploy
SAN JOSE, CA December 16, 2003 – Payment OneTM Corporation, the leading payment service provider (PSP) for digital merchants and service providers and Rodopi Software, a global leader in automated billing, provisioning and customer care software for service providers, today announced the immediate availability of an integrated payment solution as part of the Rodopi Billing Software Suite. Currently deploying the advanced payment solution includes initial joint customer JOI Internet, a subsidiary of Hawk Communications, LLC, and the nations largest independent Internet Service Provider.
“We expect this combined integration to allow us to capture revenue from market segments and users we previously had to turn away. The integration of our Rodopi infrastructure technology with an advanced set of alternative payment options greatly reduces our overhead and provides a significant marketing advantage for us,” said Dave Norman, vice president of Operations at Joi Internet.
This newly integrated solution will enable internet based companies using Rodopi Software to significantly expand their market reach and revenue by offering its end consumers PaymentOnes suite of “no credit card required” payment options. Payment options include their flagship service, PhoneBill, where charges are routed directly to a consumers local monthly phone bill without requiring the consumer to enter sensitive private financial information. The integrated solution will include real time validation, user authentication, and fraud management.
As a result, service providers can reach broader consumer segments that are unwilling or unable to use credit cards online, many times because of their significant security and fraud concerns. In a recent UCLA Internet Report, over 92% of online consumers were somewhat or extremely concerned about fraud and security. A recent Online Payment Strategy & Preference Poll commissioned by EContent Magazine and PaymentOne showed over 61% of consumers surveyed stated more secure and convenient payment options would make them more inclined to transact online. Typical deployments of alternative payment options have resulted in incremental revenue increases of 25%-35%.
“Our customers are looking for new ways to grow and capture large numbers of new users coming online,” says Art Ekroos, executive Vice President for Rodopi Software. “After an exhaustive review of the market choices and specific client requirements, we selected PaymentOne as the best of breed solution in the payments area, and are excited to provide additional capabilities that have direct impact to our clients revenue.”
“We are pleased to have been chosen by Rodopi, and are excited about the opportunity to unlock new markets and revenue for the 1000+ service providers currently using Rodopi,” says Don Teague, vice president of sales & marketing for PaymentOne. “We have had significant experience and success in the ISP marketplace, and look forward to applying those best practices and payment strategies to an expanded set of customers.”
About Rodopi
Rodopi is a worldwide leader in automated, web-based solutions for comprehensive billing, provisioning and customer care for internet based companies, including web hosting, internet access, application services and converged voice, data and content providers. Rodopi enables service providers to automate time-consuming, technical and business processes to quickly improve profitability. By automating previously manual processes, service providers can immediately reduce overhead, headcount, expenses and customer churn, while increasing revenues and profitability. Rodopi also provides an integrated trouble-ticket and customer self-care system for fully automated 24 by 7 technical support. For more information about our leading automation and management software, please visit www.rodopi.com, or call toll free 1-877-476-3674 within the United States or 1-858-410-6985 outside the United States.
About Joi Internet
www.JoiInternet.com offers nationwide unlimited Internet access for $6.95 a month. With over 10,000 dial-up access numbers, Joi Internet provides dial up access reach to 92% of the United States population with forecasted delivery to 95% by second quarter of 2004. Joi Internet has maintained its growth and profitability by providing great service backed by 24/7 free telephone support. Founded in 1999, Joi Internet is simply the most cost effective yet technology rich Internet Service Provider in the country. To sign up for Joi Internet, visit www.JoiInternet.com or call 866-Go-To-Joi
About PaymentOne
PaymentOne Corporation is the leading Payment Service Provider (PSP) for digital content, premium services and Internet access providers. PaymentOnes advanced payment platform and hosted services enable dynamic payment option management for merchants to increase revenues, user acquisition, and collection rates. The full PaymentOne suite of services includes proprietary and best of breed fraud detection, Propensity to Pay credit analytics, traditional payment processing, a unique set of “no credit card required” alternative payment options, pre and post-paid micropayments, hosted customer management, outsourced billing operations, customer care and collection services.
PaymentOnes platform has processed over $6 billion in retail billings, over 1 billion transactions, and has delivered its clients incremental annual gains of over 25% in revenue and consumer acquisition rates. PaymentOne is a privately held company based in Silicon Valley. To learn more about PaymentOne, visit www.Paymentone.com or call 800-747-4028.
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PaymentOne is a registered trademark, WebBill and DirectBill are trademarks of PaymentOne Corporation. All other names and trademarks are the property of their respective owners.
Press Contact:
Sarah Miller
Axis Marketing & Partners
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