Netscape has ramped up its relationship with Internet transaction processing specialists Cybercash and Verifone, in an attempt to address the growing e-commerce market.
The new agreements, Netscape claims, will grant customers easier access to e-commerce and more flexibility in choosing Secure Electronic Transaction-compliant products.
The company will help develop new versions of Cybercash?s payment solutions and will integrate Cybercash?s cash register product into the Suitespot family of server software and the Cybercash wallet into Netscape Communicator.
In a similar deal, Netscape has endorsed Verifone?s VPOS Merchant Software, which processes credit card transactions, and Vgate software, which contacts financial institutions for transaction approval. It plans to jointly develop an enhanced version of VPOS for Suitespot servers.
According to Sam Sethi product marketing manager for Netscape in the UK people can use a Cybercash account on Communicator to make micropayments over the net and Verifone on Suitespot for larger transactions.
?Our goal is to provide a broad range of payment solutions that are optimised for the Netscape client/server software platform,? said Mike Homer, senior vice president of marketing at Netscape.
Actra Business Systems, a joint venture between Netscape and GE Information Services, will also work with Cybercash to provide commercial and business-to-business payment solutions. ?Actra will integrate these payment solutions into our future Internet commerce products including Merchant and Publishing Systems said Jim Sha, president and CEO for Actra Business Systems.
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