Inc. All rights reserved. TROY's eCheck Secure cartridge will allow new and existing licensees of Intershop 4, an advanced electronic commerce solution, to offer end users the option of secure, instant payment by electronic check, expanding the merchants' markets and sharpening their competitive edge. The eCheck Secure solution for Intershop 4 is a self-executing software cartridge that will instantly allow new and existing Intershop 4 enabled merchants and businesses to accept secure electronic checks over the Internet. The eCheck Secure cartridge is a free download for all Intershop 4 licensees, and an eCheck Secure representative will assist clients through the final configuration.
Installation takes as little as a few hours, with live implementation occurring in less than a week.
This expanded distribution channel will establish our electronic check as a prominently branded industry standard for online purchasers to make secure, instant payments utilizing checking accounts. We believe this will dramatically increase our transaction-based revenues going forward. This addition will enable our licensees to attract a wider base of customers and lower the abandonment rate at the electronic point of sale. About eCheck Secure TROY Group's eCheck Secure Internet software enables Internet shoppers to purchase goods and services with an electronic check, thus expanding payment methods beyond credit cards. This maximizes the efficiency of customer service centers and back-office applications for the wide range of Intershop 4 licensees, which are businesses ranging from electronics and telecommunications to transportation and luxury automobiles.