PayCash Implements osCommerce Module
November 10, 2004, Marlborough, Massachusetts-Cyphermint Inc., announced today that it has implemented an osCommerce module to its PayCash™ Internet Payment System to enable rapid payments for online merchants.
The PayCash module for osCommerce enables any existing osCommerce installation (UNIX/Linux or Windows) to process PayCash payments quickly. Once a merchant signs up for an account, PayCash payments can be enabled in minutes. The module is implemented using the PayCash Payment Gateway; however, the consumer never has a perception of leaving the merchant's osCommerce site during the payment process. The PayCash module applies security features that not only make it impossible for hackers to spoof the merchant with bogus orders but also prevent man-in-the-middle attacks where a consumer attempts to defraud a merchant by altering order information.
Cyphermint's PayCash System provides the most secure Internet payment system for B2B and B2C eCommerce. PayCash allows users to conduct eCommerce transactions over the Internet and handles payments ranging from micro-payments to multimillion-dollar transactions. For merchants, the PayCash System provides immediate clearing of payments without the risk of chargebacks or fraud and maintains security and anonymity between parties.
The PayCash Payment Gateway offers 1,024-bit encryption, does not require an investment in hardware or software, and easily integrates into existing eCommerce payment structures. PayCash also eliminates chargebacks and is ideal for virtually any size merchant.
"Our osCommerce module will allow merchants to customize their storefronts very inexpensively and quickly," said Michael Motta, VP of Engineering at Cyphermint. "And with the added benefit of PayCash security, merchants can process payments without the risk of chargebacks or fraud".
For more information on the PayCash Module for osCommerce or any other PayCash product, please contact Sales at Cyphermint at 508-481-6400 or visit www.paycash.us.
About Cyphermint
Headquartered in Marlborough, Mass., Cyphermint is a provider of Global Electronic Cash Payment and eCommerce infrastructure/integration solutions. PayCash technology is used in these major areas: (1) Internet Cash Payment Systems, for B2C eCommerce via the Cyphermint PayCash System and (2) Kiosk Solutions. Delivering Web-enabled self-service B2C merchandising systems, PayCash offers secure, scalable customized solutions for eCommerce on the Internet and for kiosk solutions. Cyphermint's Kiosk Integration Division provides solutions to online retailers enabling full integration with kiosk networks and also sets up existing kiosk networks with eCommerce capabilities. Cyphermint's core technology, the PayCash System provides businesses complete turnkey solutions.
