|Toronto, Ontario - April 25, 2003 - Navaho Networks Inc. has entered into a strategic alliance with Payment Services Interactive Gateway Corp. ('PSiGate')(TSX Venture Exchange: PSG) Navaho today announced an agreement with PSiGate, an established credit card processing organization that delivers service to merchants all across North America, in dual currency settlement. The synergistic relationship between Navaho's credit card free billing services and PSiGate ' s credit card processing creates a powerful payment processing alliance. |
PSiGate empowers businesses on the Internet by providing secure, cost-effective and trusted e-commerce solutions. PSiGate provides an easy and seamless interface to new or existing online commerce enterprises, offering a reliable means of real-time payment collection and financial transaction processing. Management services include automated shipping calculations, fraud screening, real time and batch credit card processing, and financial account reporting. PSiGate also provides VISA, MasterCard and American Express Internet Merchant Accounts (Merchant IDs) for Canadian and USA based businesses.
For more information, visit http://www.psigate.com.
About Navaho Networks
Navaho develops and delivers a full suite of payment services including 900Pay, TeleBuy and credit card services to merchants who are selling products over the internet, on television and via telemarketing services.
Navaho has developed and deployed two proprietary payment technologies;900Pay and TeleBuy with a third technology, TeleDebit, scheduled for market release in the second quarter of 2003. These technologies provide merchants with the ability to accept payments from home shoppers who are either uncomfortable using their credit card online or, for one reason or another, are unable to use credit cards. Navaho's services provide merchants with the industry's most secure and easy to use payment solutions resulting in significant increased sales conversions, customer acquisitions and reduced chargebacks.
For more information, visit: http://www.navahonetworks.com.
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