 Web.com and Chase Paymentech Form Alliance to Benefit Small and Medium-Sized Businesses |
Joint Collaboration Provides Merchant Payment Processing Solutions to Web.com Customers
DALLAS, TX. AND JACKSONVILLE, FL. – March 9, 2009 – Web.com (NASDAQ:WWWW), a leading provider of online marketing for small businesses,announced today an agreement with Chase Paymentech to offer merchantpayment processing solutions to small and medium-sized businesses(SMBs). Chase Paymentech is widely-recognized as a leader in merchantacquiring and payment processing and provides SMBs with affordablemerchant payment processing and online marketing solutions.
Web.com customers will have access to multiple secure paymentprocessing services including all major credit, debit and customizablegift cards.
"This partnership is a natural fit matching two companies with asingular vision to assist small and medium-sized businesses to grow theprofits of their businesses," said Peter Gasparro, Group Executive forChase Paymentech. "Our merchants depend on our industry-leading paymentplatform, from stored-value solutions and point-of-sale payments, toonline transactions. Our commitment to excellence and staying ahead ofthe curve is what led us to partner with Web.com."
"To be able to offer our customers a full spectrum of secure andreliable payment processing solutions by an industry leader is anexciting development," said David Brown, Chairman and CEO of Web.com."Giving our customers innovative payment tools at the same paymenttransaction rates generally available to larger companies, gives them amuch needed advantage. We anticipate that this partnership willbenefit the vast majority of our customers presenting them withadditional ways to grow their business, save considerable costs andtake advantage of the latest merchant payment solutions."
Under this arrangement with Web.com, merchants will have access toChase Paymentech’s suite of electronic-payment solutions and will beeligible for a free rate analysis to understand their total cost ofaccepting electronic payments.
SMBs interested in obtaining a free rate analysis, can call 866-550-6151. Additional information can be found at: http://www.web.com/landing/chase/default.aspx.
About Chase Paymentech
Chase Paymentech, a business unit ofJPMorgan Chase, is a global leader in payment processing and merchantacquiring, capable of authorizing transactions in more than 130currencies. The company’s proprietary platforms provide access to awide variety of payment methods, such as credit cards, debit cards,prepaid stored value cards and electronic check processing. With alegacy of innovation and vision in electronic payments, ChasePaymentech promoted the growth of eCommerce worldwide. The companycontinues to fuel the success of the Internet's largest brands,currently processing more than 50 percent of all Internet transactions.Offering secure payment solutions, improving cash-flow management,mitigating risk and accelerating funding - Chase Paymentech'sconsultative approach helps today's small and emerging businessesbecome tomorrow's industry leaders. On the Internet or at the point ofsale, Chase Paymentech's unique combination of outstanding service,innovative solutions and financial strength offers solid benefits tocompanies both large and small. More information can be found at www.chasepaymentech.com.
About Web.com
Web.com Group, Inc. (NASDAQ: WWWW) is a leadingprovider of online marketing for small businesses. Web.com offers afull range of online services, including Internet marketing andadvertising, local search, search engine marketing, search engineoptimization, lead generation, home contractor specific leads, websitedesign and publishing, logo and brand development and eCommercesolutions, meeting the needs of small businesses anywhere along theirlifecycle. For more information on the company, please visit www.web.com or call 1-800-GETSITE.
Contacts:
James Wester
Chase Paymentech
877-843-5631
james.wester@chasepaymentech.com
Olga Gikas
Web.com
904-680-6679
ogikas@web.com
Source: Chase Paymentech - Twitter Page
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