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Stratocash™ Adds Payment Options for Eastern Europe
Charlottesville, VA (September 18, 2006) – Today Stratocash (Strategic Payments, Inc.) added six more payment options for its growing Eastern European customer base. This extends Stratocash’s accessibility to Russian Federation and Eastern European customers from six convenient payment options to twelve. Stratocash is inarguably the Western Hemisphere’s best payment processing partner for reaching into this region of the world.
Stratocash anticipates the addition of these options will increase revenues for its merchant clients, who range from medium-sized to NASDAQ 100 companies. Targeting and integrating new payment methods based on customer demographics is part of the free service that Stratocash provides to its merchant clients.
Tens of millions of Internet users, but very low credit card penetration
There are well over 30 million Internet users in the Russian Federation, Ukraine and Belarus alone. Most Eastern European ecommerce is via many regionally popular payment methods, not credit cards. At this time, among Western payment processors, only Stratocash can accept payments for merchants via a majority of the most popular alternate payment methods.
About Stratocash (Strategic Payments, Inc.)
Strategic Payments, Inc., as a licensee of the proven PayByCash™ payment processing platform, leverages the technology and staff expertise developed by Internet Payment Solutions, which has been delivering quality, personalized, payment processing services for over seven years.
Stratocash enables Web merchants to accept non-credit-card payment methods without any transaction fees. Stratocash provides guaranteed payments for many payment methods.
Stratocash is accessible to Web merchants and content providers in virtually all industries and is specifically oriented toward strengthening revenue streams for:
- Merchants in industries not well serviced by credit card services
- Web merchants seeking better penetration into European and Asian markets where credit cards are often not widely used online
- Web merchants looking for an uncomplicated way to acquire the 3-10% or greater increase in sales that acceptance of non-credit-card payments usually brings
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