Transact Now

Always wanted to accept Internet credit card orders from clients overseas? Finally, the world is your oyster.
This story first appeared in the September 1999 issue of Startups. To receive the magazine, click here to subscribe.

Internet merchants looking for a share of the global market have been hampered by the lack of a payment-processing system for international online orders. But no more. First, a provider of online payment transaction-processing services for merchants outside North America, and Open Market Inc., a leading provider of e-commerce software, have introduced a credit card payment gateway for transactions over the Internet.

Thanks to its international reach, First can provide services like merchant setup and secure transaction-processing to businesses and ISPs where no e-commerce infrastructure currently exists.

At the heart of the First Market e-commerce platform is Transact, which offers complete order management, online customer service, security, authentication, record-keeping, flexible purchasing and payment models, secure transaction-processing, and automatic calculation of worldwide tax and shipping charges.

More advantages of First It approves merchants and processes transactions in a tax-neutral jurisdiction without the need for U.S. banking institutions or U.S.-based ISPs. First offers online payment-processing solutions for merchants in their preferred currency for 3.5 to 5.5 percent of the amount of the transaction.

For more information, contact First at (888) 305-8233 or by e-mail at

Kurt Samson is a freelance business writer and public relations consultant in Annapolis, Maryland.

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