Recent Press Releases

Jan 2, 2009 : PayByCash Card™ Revolutionizes Alternate Payment Process For Web Merchants

Nov 5, 2008 : Ultimate Game Card™ Now In Canadian Stores

Oct 16, 2008 : Decrease Payment Fraud and Convert High-Risk Customers with Paxguard™

Sep 17, 2008 : PayByCash® Named One of the Fastest Growing Companies by Inc. Magazine

Sep 17, 2008 : PayByCash® Partners with Mobillcash to Provide International Mobile Phone Payment Solution for Multiplayer Game and Virtual Worlds

Sep 17, 2008 : PayByCash's Ultimate Game Card™ Now Available Online for Resale Worldwide

Aug 7, 2008 : The Ultimate Game Card™ Now Available in All 7-Eleven® Stores in the USA

July 16, 2008 : PLAYSPAN™ Acquires PayByCash®

July 8, 2008 : PayByCash Expands Direct Debit Payment Option to Europe

May 27, 2008 : Claim Your Age of Conan® Adventure Using the Coin of Your Realm

Apr 9, 2008 : YNK Interactive teams up with PayByCash’s Ultimate Game Card™

Feb 25, 2008 : PayByCash® Adds PaymentOne® PhoneBill™ To Its Suite of Over 60 Alternate Payment Options for E-Commerce Merchants and Their Customers

Feb 5, 2008 : Webmaster Radio Interview with PayByCash® CEO Kevin Higgins

Jan 21, 2008 : PayByCash® First Western Company to Process and Accept Yandex Money E-Wallet

Jan 15, 2008 : Cookie Jar™ Expands Magi-Nation™ Payment Options with PayByCash® Pre-Paid Game Cards

Oct 8, 2007 : PayByCash® Accepts MOL International’s ePoints

Aug 23, 2007 : Internet Payment Solutions’ Three-Year Sales Growth of 351% Ranked the 49th Fastest Growing Financial Services Firm on the 2007 Inc. 5,000 List

Jun, 2007: PayByCash Accepts cashU Internet Payment Cards

Jan, 2007: Acclaim Games Extends PayByCash Payment Options To Four New Games

Dec, 2006: PayByCash and TeleGlobal Roll Out SNAP Card Payments For UK Shoppers Online

Dec, 2006: PayByCash Is Now Offering Real-Time Bank Transfers For German, Belgian, and Austrian Customers

Sep, 2006: PayByCash Adds More Payment Options for Eastern European Customers

Aug, 2006: PayByCash Integrates with Google Checkout

Aug, 2006: PayByCash Adds Chinese Debit Card Acceptance

May, 2006: Skype Offers Alternative Payment Options with PayByCash

Jan, 2006: Todito Card and PayByCash Finalize Deal

Nov, 2005: Sony Online Entertainment Offering PayByCash Payment Options for EverQuest, EverQuest II, and Planetside

Oct, 2005: Guangzhou Icarus Network Technologies Co., Ltd and Internet Payment Solutions Team Up

April, 2005: Orchid Media International, LLC Chooses Internet Payment Solutions to Handle Credit Card and Alternative Payment Options

April, 2005: PayByCash Begins Acceptance of Paysafecard® for Customers in Austria and Germany

March, 2005: Players in TerraWorld Online Can Now Pay via PayByCash

March, 2005: PayByCash Now Processing Payments for Softnyx' "Gunbound" Game

January, 2005: REAKKTOR Now Offering PayByCash for Neocron 2

 

Charlottesville, VA (September 14, 2006) – Today PayByCash® (Internet Payment Solutions, Inc.) added six more payment options for its growing Eastern European customer base. This extends PayByCash’s accessibility to Russian Federation and Eastern European customers from six convenient payment options to twelve. PayByCash is inarguably the Western Hemisphere’s best payment processing partner for reaching into this region of the world.

PayByCash anticipates the addition of these options will increase revenues for its merchant clients, who range from medium-sized to NASDAQ 100 companies. Targeting and integrating new payment methods based on customer demographics is part of the free service that PayByCash provides to its merchant clients.

Tens of millions of Internet users, but very low credit card penetration

There are well over 30 million Internet users in the Russian Federation, Ukraine and Belarus alone. Most Eastern European ecommerce is via many regionally popular payment methods, not credit cards. At this time, among Western payment processors, only PayByCash can accept payments for merchants via a majority of the most popular alternate payment methods.

About PayByCash (Internet Payment Solutions, Inc.) 

PayByCash provides more than 50 payment methods reaching into all regions of the world, typically with no transaction fee. Most payment methods cannot be charged back. One straightforward integration gives merchants all the PayByCash payment options. PayByCash handles all foreign currency acceptance and customer billing support.

PayByCash is better than anyone else at enabling merchants to elicit payments from hard-to-reach teenagers, college students, credit constrained, and unbanked customers. PayByCash excels at accepting payments from markets like Europe that are characterized by low online credit card use. In addition, PayByCash provides guaranteed payments from regions typified by high credit card fraud rates (i.e., Asia and Eastern Europe). PayByCash has been a leader in alternate payments processing since 1998.