| [January 03, 2007] |
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Digital Music Stores Choose ClickandBuy for ePayment Methods
NEW YORK --(Business Wire)-- ClickandBuy, a leading ePayment and storefront provider for online digital content and services, announced today that three independent online music stores have selected ClickandBuy for its international digital payments platform, which is available in 13 European countries and the U.S. The merchants - Icarus Music Store, Gambit Music Group and BeatRecords - selected ClickandBuy for its hosted digital commerce system and its ability to provide different types of payment methods, including yearly subscriptions, micropayments or single downloads of songs.
With a consumer base of seven million users worldwide, merchants instantly gain access to new markets, giving them the ability to expand their own market share. By aggregating transactions for merchants, ClickandBuy is able to help digital music companies save up to 50% on each transaction. ClickandBuy also ensures secure transactions and multicurrency capabilities for many different types of currencies.
ClickandBuy is more than a payment processor. Merchants outsource all or part of their eCommerce activities to ClickandBuy, who not only manages the payment process, but also offers live customer support for consumers, credit card fraud detection, monthly invoicing and easy implementation of various payment methods. ClickandBuy processes, handles and manages digital content for games, songs, movies, streaming video, podcasts, VoIP calls, television, publishing and mobile devices.
"Small and growing businesses in the digital media industry need a company such as ours to ensure safe and secure transactions. Most smaller merchants don't have an internal IT department for eCommerce and this is where ClickandBuy can help," said Fabian G. Siegel, CTO of ClickandBuy.
More details about the merchants
-- Icarus Digital, based in Philadelphia, is a subscription-based service that chose ClickandBuy for its ability to create many payment methods. Users get to choose between a monthly or yearly plan and get access to an entire inventory of music.
-- Gambit Music Group, based in Nashville, is an independent rock record label that was formed to nurture artist development, and to build long-term profitable relationships with their artists.
-- Beatrecords offers listeners the ability to buy digital music from independent San Francisco-based musicians.
Many brand names utilize ClickandBuy for digital payments, including Apple iTunes, Skype, Electronic Arts' EA Link, Univision, iVillage and SanDisk. This past year the company received $23 million in venture funding, and Deutsche Telekom bought a 10 percent stake in ClickandBuy in August 2006.
About ClickandBuy Group
The ClickandBuy Group is located in Europe and North America and helps major companies from all over the world increase their digital content and mobile media revenues. As an ASP, ClickandBuy works with merchants regarding fraud detection and provides live customer support. Besides providing services directly to merchants, Click&Buy has established licensing agreements with telecom companies Swisscom and TELMEX. About 7 million consumers and over 6,000 online merchants are successfully using ClickandBuy worldwide. For more information about Click&Buy, log on to the website at http://www.clickandbuy.com.
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