Real Time Debit-Based Payment Option Offers Bank Authenticated Transactions to U.S. Online Consumers
Real Time Debit-Based Payment Option Offers Bank Authenticated Transactions to U.S. Online ConsumersMIAMI BEACH, FLORIDA--(Marketwire - May 10, 2010) - Mazooma, the first real-time online debit solution for U.S. consumers, is pleased to announce that Sonic Electronix, a leader in online car audio and video electronics, will offer real-time debit for their customer base.
Sonic Electronix carries more than 7,500 car stereo and other consumer electronics products and has been servicing US consumers through their online store for nearly 10 years. 100% web-based, Sonic Electronix relies heavily on best of class products and partners to drive business growth. Mazooma's patented solution was chosen for its ability to allow a customer to pay, in real time, directly from their bank account. No waiting period or offline sign up process is necessary.
"Given current economic conditions and the state of credit today, it is critical that we provide to our customers a way to pay with cash and in real time. Instant fulfillment is an essential component of our customer service philosophy and Mazooma provides an intuitive and easy option that just works", says Nathaniel J. Victor, Founder and CEO, Sonic Electronix. "Mazooma supports our need for new customer acquisition and customer retention."
Mazooma allows customers to pay for goods and services in real-time directly through their online banking in a simple, convenient and secure process. Consumers no longer have to rely on credit when making purchases online and have the comfort and security of paying directly from their own bank, the Financial Institution they know and trust.
"Sonic Electronix is a trusted name in online car audio and video products," said Paul Phillipson, Managing Director USA at Mazooma. "We're very pleased Mazooma is now available to Sonic Electronix customers. Our real-time, closed-loop debit solution provides a superior experience for the consumer and immediate product fulfillment for Sonic Electronix."
About Mazooma
Mazooma provides consumers with a safe, instant way to make purchases online directly from their bank accounts. By combining the security and comfort of online banking with a speedy and simple payment check-out process, Mazooma offers a secure, easy-to-use solution for millions of consumers who cannot or do not want to use a credit card. Payment for online purchases is made directly from the customer's own bank account – and authorized through the financial institutions they know and trust.
For online merchants, Mazooma creates a new way to reach more customers, increase revenue and reduce the cost of payment processing.
About Sonic Electronix
Sonic Electronix is a fast-growing internet retailer specializing in consumer electronics, with a focus on car audio. The company has been part of the Internet Retailer Top 500 Guide since 2008 and has shipped more than 500,000 orders since its inception in 2000. Its goal has always been to delight customers by offering them the best buying experience possible – great prices without sacrificing service or quality.
