MIAMI, FLORIDA--(Marketwire - Jan. 13, 2010) - Mazooma, the first real-time, online debit payment solution for U.S. consumers, today announced that CompSource Inc., a leading eCommerce electronics retailer in the United States, has signed an agreement to integrate Mazooma on its website, www.compsource.com.
CompSource customers can now pay directly from an online back account by selecting Mazooma at checkout. Like CompSource, Mazooma is focused on the customer's shopping experience, offering them convenience, easy-of-use, and security. Currently, Mazooma supports 75 percent of all consumer bank accounts in the U.S. and has no jurisdictional limitations.
CompSource has been a success due to its high level of customer service and selection which includes over 200,000 name brand computer hardware and software products for both national and international mail order. With Mazooma's real-time transaction capability, CompSource is able to maintain this level of service and ship customer goods immediately. With access to 16 warehouses around the US, CompSource guarantees same day shipping on all overnight shipments.
CompSource is enabling the Mazooma payment option through Cardinal Centinel®, the leading technology platform for enabling alternative payment brands in both eCommerce and mobile Commerce, from Cleveland-based CardinalCommerce Corporation.
"Unparalleled customer service is our mission," said Dean Bellone, President of CompSource. "In choosing Mazooma, we had to deliver a payment option that supports our clients with the same focus and intensity that we do. Mazooma provides a fast, easy and secure debit option that simply works."
"CompSource selected Mazooma because all payment solutions are not created equal," said Paul Phillipson, Managing Director, USA, at Mazooma. "Many payment options sound similar in terms of ease-of-use and effectiveness for both merchant and customer, however, Mazooma is the first solution of its kind. Through our partnership, CompSource can provide a safe, debit based payment option that is intuitive for customers with immediate order fulfillment."
"The success story of our valued Customer, CompSource, is a source of pride at Cardinal," said Michael Keresman III, Chief Executive Officer, CardinalCommerce Corporation. "As a long-time Centinel Customer, CompSource has provided a growing selection of payment options for its Customers. Now, through Centinel, CompSource can quickly and easily add the Mazooma debit solution, and continue to offer the best-of-the-best customer experience."
About Mazooma
Mazooma was founded to provide consumers and merchants with a safe, secure and convenient bank account payment channel for online shopping. The eCommerce industry has long recognized that current online payment systems do not provide a platform to service the millions of consumers who cannot or will not use a credit card online. To serve this market, Mazooma developed a system that combines the security and comfort of online banking with the convenience and speed of a simple payment checkout process. Mazooma provides consumers with an instant and safe way to pay for online purchases directly from their bank accounts - authorized through the financial institutions they know and trust. Mazooma provides online merchants with a new way to reach customers and increase revenue, all while reducing their costs of payment processing. For more information, visit www.mazooma.com.
About CompSource
CompSource Inc. was founded in 1991 with a primary emphasis on national and international mail order. CompSource carries over 300,000 name brand computers, hardware, software, consumer electronics and office need products. CompSource has access to more than 16 warehouses around the U.S. to help assure quick, efficient delivery. CompSource typically receives over 7,000 unique visitors to their website and over 600 phone calls per day - with this purchasing power they are able to provide customers with the lowest possible prices from over 1,900 vendors. Because true value is more than just a low price, CompSource also features a custom configuration division which customizes PC's to customer specifications ranging in price from $349 and up. CompSource offers customers efficient, reliable performance and quality brand names - CompSource, Simply Better. For more information on CompSource, visit www.compsource.com.
About CardinalCommerce
CardinalCommerce Corporation is the global leader in enabling authenticated payments, secure transactions and alternative payment brands for both eCommerce and mobile commerce. Cardinal Centinel® enables payment brands such as Verified by Visa, MasterCard® SecureCodeTM, PayPalTM, Bill Me Later®, MazoomaTM, and more to a network of thousands of merchants and merchant service providers. Cardinal's mobile platform, Cardinal MAXTM, makes it easy for merchants to sell through the mobile channel by linking them directly with consumer mobile phones. Cardinal's proprietary and easily deployable technology provides consumers, merchants, credit/debit card issuers, and processors with the ability to conduct authenticated Internet, wireless, and mobile transactions safely and securely. Headquartered in Cleveland, Ohio, with facilities in the United States, Europe, and Africa, Cardinal services a worldwide customer base. For more information, visit www.cardinalcommerce.com.
