I 4 Commerce ® and TigerDirect Partner to Boost Customer Sales and Satisfaction with Bill Me Later ®
Timonium, MD - April 6, 2004 - Payment Solutions provider, I 4 Commerce and Internet and catalog-based computer equipment retailer, TigerDirect, Inc., announce the launch of secure, convenient payment alternative, Bill Me Later.
Starting April, 2004, customers making qualified purchases at TigerDirect.com, or from the merchant's extensive catalog, will have the option to "Bill Me Later". Customers concerned about security or those who simply want to make purchases more quickly and conveniently can use Bill Me Later from I 4 Commerce as an alternative to credit cards. When they choose Bill Me Later, creditworthy customers need only top-of-mind information, such as name and last four digits of social security number. Customers receive a Bill Me Later statement within 30 days, which they can pay in full or over time with terms similar to a credit card.
TigerDirect is adding the flexible payment option to attract more customers and increase sales via its web and phone channels, in addition to enhancing the customer buying experience:
"We've built our brand by offering customers great selection, the best prices and a commitment to superior customer service," said TigerDirect's CFO, Mr. Joseph Dunne. "We understand that giving our customers a comfortable buying experience includes making it easy to pay. With the addition of Bill Me Later, customers have a powerful new choice that is particularly important when considering bigger-ticket purchases."
I 4 Commerce's Bill Me Later is designed specifically for multi-channel retailers as an alternative to offer customers online or over the telephone: "TigerDirect recognizes that payment choice is a critical success factor in multi-channel sales," said I 4 Commerce CEO, Mr. Gary Marino. "We are delighted to add them to the Bill Me Later Network. Merchants are experiencing increases in sales, customer acquisition and average order value, simply by providing their customers with a payment alternative that offers compelling value and needed choice."
About I 4 Commerce
I 4 Commerce provides payment solutions to multi-channel retailers that make commerce more convenient, secure and profitable. The company has strategic relationships with the industry's largest payment processors, including Paymentech and First Data Corporation (NYSE:FDC - News). I 4 Commerce, a privately held company located in Timonium, Maryland, holds the patent pending rights to proprietary technology, information processing and payment processes used in conjunction with its flagship product offering. Bill Me Later, a payment solution that gives consumers an alternative to credit cards.
About TigerDirect.com
Based in Miami, FL, TigerDirect.com (a subsidiary of Systemax Inc. (NYSE:SYX - News), is part of a group of branded e-commerce web sites, direct mail catalogs, and relationship marketing selling private label and name-brand PC hardware, related computer products, and industrial products, to customers and businesses in North America and Europe. Further information about the company can be found at www.tigerdirect.com .
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