WOODLAND HILLS, Calif. - EMC2Billing.com, LLC has entered into a strategic marketing partnership with Munich-based Payment Network AG .
The partnership offers Payment Network's DIRECTebanking.com payment solution to North American adult entertainment and general e-commerce merchants.
"We are delighted to be partnered with such a great company to bring an outstanding payment product into the adult and general e-commerce space in North America," said EMC2Billing CEO Greg Berard. "Europeans don't readily use credit cards the way we do in the U.S."
Berard explains that in Germany there are approximately 16 million credit card holders but almost 50 million bank account holders. He said returned items are virtually eliminated with the DIRECTebanking.com product.
"Our clients are in a position to substantially increase their revenues without adding any more traffic," he said.
"In simple terms, customers are able to access their online banking directly from a merchant's website order page, and ‘push' funds with immediate effect directly into the merchant's bank account," added EMC2 president Jason Clements.
EMC2 claims insufficient funds, returned items, and charge-backs are virtually zero. Integrated into over 98 percent of the banks in the central European region, Payment Network's sofortüberweisung.de (DIRECTebanking.com) has become the most popular form of alternative payment for EU citizens.
"It is a great pleasure to have EMC2Billing.com as our strong strategic partner in the North American market for our payment system DIRECTebanking.com," said Sascha Winkler, Executive Director of Payment Network AG. "U.S. online merchants are immediately benefiting from DIRECTebanking.com through better access to EU consumers."
"DIRECTebanking.com offers an immediate increase in profits plus it has significantly lower fees to merchants than other comparable methods of payment," Winkler added. "DIRECTebanking.com ensures that only money transfers that are covered by sufficient funds are authorized, thereby minimizing fraud cases. Reversals are not possible - which means no charge-backs."
EMC2Billing.com specializes in providing payment solutions to online and direct response merchants in the United States, Canada, and Europe.
EMC2's principals have been leaders since 1996 in providing worldwide payment solutions to the online adult entertainment and general e-commerce merchant industry.
Founded in 2006, Payment Network's online payment solution, sofortüberweisung.de, is the leading direct-payment-system in Europe. Already online in Germany, Austria, Switzerland and the Netherlands, France, Belgium and the UK are expected to go live during the first part of 2009. The company now provides its payment solution on more than 10,000 websites.
For more information please contact EMC2Billing.com, or email [email protected].
