Network Solutions to Use Internet
Transaction Gateway from PaymentNet
San Francisco, CA., August 21, 1997) - Today
at ISPCON, PaymentNet announced that Network Solutions, Inc. (NSI) is using the
PaymentNet real-time transaction automation system to enable real-time credit card
processing for Internet domain name registration payments on the InterNIC web site.
Network Solutions assigns, records, and tracks Internet addresses and the associated
domain names for .com, org, and net. Adding a real-time, online payment method enables the
company, which has assigned over 1.5 million domain names, to upgrade the level of service
and response provided to its customers. Currently, domain registration payment is
primarily provided through telephone order entry system and traditional postal mail
invoicing. Because of the large number of monthly registrations, Network Solutions needed
a solution that would support the high volume of transactions, was easy to implement, and
did not require any system re-engineering of their legacy systems.
"Network Solutions was looking to provide their customers with an easy to deploy,
reliable, secure real-time payment option, and determined our service best met their
stringent processing and performance requirements," said Chuck Ramey, President of
PaymentNet. "Contracting our services enables Network Solutions to immediately
upgrade their response time and control their registration costs without investing in the
expense of implementing and maintaining an in-house solution."
PaymentNets' proprietary transaction system was a critical factor in providing the level
of processing services required by Network Solutions. The transaction automation system
facilitates secure transmission of transaction data between disparate web sites and credit
processing networks using PaymentNet's __________ server.
"Critical to the success of our Internet-based activity is throughput capacity,
system performance, processing response time and system integrity and reliability,"
stated Scott Williamson, Vice President Product Development, NSI. "PaymentNet's
service and the attention to details exhibited by their organization should make this
program a success for our customers."
PaymentNet is an Internet-based payment automation company. The company was formed in
1995, focusing on delivering business-to-business Internet solutions for high technology
companies. Leveraging experience in providing solutions to "high tech"
companies, PaymentNet has developed services to meet the payment automation requirements
of the rapidly growing Internet consumer market.
###
PaymentNet is a trademark of PaymentNet, Inc. All other
trademarks are property of their respective owners.
Contact:
Colleene Isaacs
PaymentNet, Inc.
(925) 598-1103
cisaacs@paymentnet.com
Christopher Clough
Network Solutions, Inc.
(703) 742-4706 |
