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PaymentOne Launches First Integrated Broadband Content Network And Co-Marketing Platform
SAN JOSE, Calif., Aug. 10 /PRNewswire/ -- PaymentOne(R) Corporation today announced a significant expansion of its Digital Payment Platform with the availability of the PaymentOne Broadband Content Network(TM) (BCN) and Co- Marketing Platform (CMP).
Together, the new Broadband Content Network and Co-Marketing Platform enable digital merchants and broadband operators to rapidly market, bundle, distribute and bill content and premium services through the broadband operator's channel.
Operators and Content Providers Must Collaborate To Capture $15 Billion Market
With the market of over 30 million current broadband consumers projected to more than double(1), the aggregate market for digital content and services will surpass $15 billion by 2008(2). Broadband users are twice as likely as dial-up users to purchase online content in multiple categories including digital music, audio, video, photos, electronic information, education and games(3).
According to Yankee Group: "To truly differentiate, operators will look to content, applications and other digital media that will enable operators to sell incremental new services through existing data pipes. Those operators that master this new service paradigm will financially outperform their peers..."(4)
Unique "One to Many" Solution Removes Consumer Purchase Hurdles
As the first "one-to-many" integrated co-billing and co-marketing platform in the market, PaymentOne's expanded services significantly reduce the infrastructure investment required and time to market for both operators and content providers. The new services also remove a major consumer purchase hurdle by not requiring consumers to re-register and repetitively disclose their financial details for each content partner purchase.
Broadband Content Network Extends Digital Distribution to Millions of Consumers
For digital content and premium service providers, the BCN delivers all the elements required to successfully establish a new distribution and marketing channel with network operators. Broadband Content Network features and capabilities include:
Single Access Point to Multiple Broadband Operators: BCN manages business
relationships, marketing terms and co-billing agreements across 1000
network operators that reach 150 million consumers and 92% of US
households.
Preferred Marketing Distribution and Custom Templates: Wide range of
placement and operator-led marketing programs include newsletters, web
sites, retail kiosks, bill inserts, major media advertising and call
centers. XML-based marketing templates manage custom presentment of
offers and promotions.
Performance Tracking and Reporting: Detailed reporting of promotions,
marketing offers, user behavior, click through, paid conversions and all
related royalty and revenue shares.
Integrated Co-Billing: Consumer can add subscription and/or download
charges to operator bills. Outsourced management for all related fraud,
validation, authentication, payment processing, financial settlement and
reporting.
PaymentOne Co-Marketing Platform Rapidly Expands Operator Content Offerings
For Network Operators, the PaymentOne Co-Marketing Platform delivers a turnkey content co-marketing capability to promote and bill for content and premium service partners. The new Co-Marketing Platform can be deployed in less than 30 days and includes:
Network of Digital Providers: Single point of access to multiple digital
providers that have an affinity with broadband and/or mobile services.
Recruiting and contracting with multiple merchants includes setup
configuration, technical support, billing inquiry and related compliance
monitoring.
Hosted Co-Marketing Infrastructure and Storefront: Turnkey solution for
partner co-marketing, offer management, registration, validation,
discounts, micro payment and billing across multiple partners. XML
templates manage operator-branded storefront and/or integration with
existing web sites to present content offers and co-branded promotions.
Performance Tracking and Settlement: Tracking of all promotions, bundles,
paid conversions. Disbursement and settlement of related bounty/revenue
shares due to network participants.
Partner Co-Billing: Manage, route and present 3rd party partner charges
on operator bills. Includes validation, authentication, processing,
settlement, consumer inquiry and reporting.
"As network operators transform themselves into major providers of value- added and content services, consumers are demanding even more choice and convenience in their digital lives," said Joe Lynam, President and CEO, PaymentOne Corporation. "The BCN and CMP provide new breakthrough ability for all parties to better serve consumers, and scale rapidly without major investment. We are excited to extend our well established relationships and track record of driving new revenue so our operators and digital providers can capture a share of the rapidly expanding $15 billion content market."
The new PaymentOne Broadband Content Network and Co-Marketing Platform are built on and significantly expand the company's well established Carrier Network, which manages relationships with over 1000 network operators, provides access to 155 million active consumers and a supports a full range of payment options.
About PaymentOne
PaymentOne Corporation is one of the world's fastest growing online Payment Services Providers (PSPs). Founded in July 2000, PaymentOne has pioneered payment and marketing services that connect digital merchants and network operators and accelerate the adoption of online content and services by over 25%. Based in Silicon Valley, PaymentOne has generated over $1.8 billion in new digital revenue over the last 36 months for its clients and partners. The company manages a network of over 1000 telecommunication/broadband providers and content partner including leading ISPs, BSPs, Telcos and media companies such as America Online, BellSouth, Verizon, Qwest, SBC, United Online, NetZero and Time Inc. To help online merchants attract, convert and retain a wider audience, PaymentOne's integrated suite of revenue optimization services include a unique set of non- credit card payment alternatives, macro and micropayments, identity verification and fraud detection, traditional payment processing, global payments, and a co-marketing distribution network. The company's flagship PhoneBill service provides merchants with access to over 150 million consumers. To learn more about PaymentOne, visit http://www.paymentone.com/ or call 800-747-4028.
(C) 2005 PaymentOne Corporation. All rights reserved. PaymentOne, PhoneBill, PayConnect, DirectBill, WebBill, PaymentOne Carrier Network, PaymentOne Broadband Content Network, Propensity to Pay, PayOne, Payment Practice Index, are trademarks, service marks or registered trademarks of PaymentOne. The names of actual companies and products mentioned herein are the trademarks of their respective owners.
(1) Forrester Research. "Study: Broadband Penetration to Surge by 2010" as reported in CNET, August 2, 2005.
(2) "Residential Broadband Growth in the US Has Been Impressive", Jupiter Research Presentation, 2005; PaymentOne estimate based on industry reports.
(3) Card, David "Jupiter Paid Content Forecast" Jupiter Research, June 15, 2004
(4) Rich, Rob. "Operators Must Support Content Services to Differentiate." Yankee Group DecisionNote(SM) Overview, March 14, 2005.
PaymentOne Corporation
CONTACT: Andrew Hoerner of PaymentOne Corp, +1-408-362-4234 orahoerner@paymentone.com
Web site: http://www.paymentone.com/
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