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Major Online Game Provider Selects PaymentOneAcclaim's New MultiPlayer Game BOTS To Offer "No Credit Card Required" Pay OptionsSAN JOSE, Calif., - March 27, 2006 — PaymentOne® Corporation today announced that Acclaim Games, a revolutionary new online gaming company with a familiar name, has signed an agreement with PaymentOne to provide a variety of safe and secure "no credit card required" payment options for its consumers. PaymentOne enables digital service and content providers like Acclaim to better serve, reach and monetize more consumers. PaymentOne's PhoneBill™ solution allow over 180 million consumers to easily have digital charges put onto to their existing broadband and landline accounts,. These "no credit card required" options eliminate the need and significant hurdle for the consumer to provide sensitive private credit card information. "Consumers continue to demand both safety and convenience" said Howard Marks, CEO of Acclaim Games. "We have already seen from online gamers in Asia, for example, that these "non credit card" payment options, such as PhoneBill, are by far the most often selected option. Given our focus in online games, providing our consumers a safe and convenient set of payment options is critical. By doing so, we can better serve a wider and diverse set of gamers." In a recent survey conducted by Javelin Research, 78 percent of consumers said they would "be more inclined to purchase online if given a safer, more convenient payment method than credit card." The numbers among younger consumers aged 18-34 were even higher, with over 81 percent indicating they would buy more. Over 90% of consumers remain highly concerned about making purchases (with credit cards) online according to the most recent UCLA Internet Report. "With the heightened focus on broadband and convergence, our network operator partners recognize the strategic value of content and digital services," said Brad Singer, Vice President of Marketing and Business Development at PaymentOne. "As online and mobile content services overall, and gaming specifically, is exploding into a multi-billion dollar market, we are seeing tremendous demand from these new services. We are pleased to be working with Acclaim Games, a proven leader and visionary in the games market." PaymentOne has generated over $2 billion of incremental revenue for digital merchants.
About BOTSBOTS is a multiplayer online action game where players can create and enhance their own BOT. Players will be able purchase items and customize their bots with nearly limitless combinations. Designers have created many ways to bank currency, both real and digital so that gamers will have multiple means to acquire the parts to build their dream BOT.BOTS goes live worldwide this spring, so gamers are encouraged to register early at http://bots.acclaim.com
About Acclaim GamesBased in Beverly Hills California, Acclaim Games is a revolutionary new company with a familiar name. CEO Howard Marks, a cofounder of Activision, purchased the Acclaim name in 2005, confident that the new company would surpass the former glory of its name and establish itself as one of America's marquee brands. Today, Acclaim Games offers only the finest online games with a focus on accessibility, playability and most importantly fun. To learn more, please visit www.acclaim.com.
About PaymentOnePaymentOne Corporation is one of the world's fastest growing online Payment Services Providers (PSPs). Founded in July 2000, PaymentOne has pioneered payment and marketing services that connect digital merchants and network operators and accelerate the adoption of online content and services by over 25%. Based in Silicon Valley, PaymentOne has generated over $2 billion in new digital revenue over the last 36 months for its clients and partners. The company manages a network of over 1000 telecommunication/broadband providers, mobile operators and content partner including leading ISPs, BSPs, Telcos, broadband operators and media companies such as America Online, NetZero and Time Inc. To help online merchants attract, convert and retain a wider audience, PaymentOne's integrated suite of revenue optimization services include a unique set of non-credit card payment alternatives, macro and micro payments, identity verification and fraud detection, traditional payment processing, global payments, and a co-marketing distribution network. The company's flagship PhoneBill service provides merchants with access to over 180 million consumers with mobile, broadband and land line accounts. To learn more about PaymentOne, visit www.PaymentOne.com or call 800-747-4028.### (C) 2005 PaymentOne Corporation. All rights reserved. PaymentOne, PhoneBill, PayConnect, DirectBill, WebBill, PaymentOne Carrier Network, PaymentOne Broadband Content Network, Propensity to Pay, PayOne, Payment Practice Index, are trademarks, service marks or registered trademarks of PaymentOne. The names of actual companies and products mentioned herein are the trademarks of their respective owners. |
"In today's economy, triple-digit percentage revenue growth is an exceptional accomplishment. We commend PaymentOne for making the commitment to technology and delivering on the promise of market longevity"
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