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PAYMETRIC INC. AND B2B2DOT0 FORM PARTNERSHIP TO DELIVER ELECTRONIC PAYMENT CAPABILITIES TO SAP CUSTOMERS WITH WEB STORES

Collaboration Brings World-class Payment Processing and Tokenization Solution to b2b2dot0 Customers

ATLANTA–(BUSINESS WIRE)–Paymetric, Inc., the leading provider of integrated and secure payment acceptance solutions, announced today that it has entered into a referral partnership with b2b2dot0, Inc., a leading provider of SAP® eCommerce solutions. Under the agreement, both companies will actively promote each other’s solutions to their respective SAP All-in-one customers.

“Manufacturers and distributors increasingly understand the importance of accepting electronic payments. Together, Paymetric and b2b2dot0 will be able to further educate this space about the benefits of electronic payment acceptance, and bring a seamless solution to market.” .Paymetric will provide industry leading enterprise payment processing and secure tokenization solutions for b2b2dot0’s roster of clients in the manufacturing and wholesale distribution industries. The partnership will provide new sales opportunities for Paymetric and will provide b2b2dot0 with an enhanced service offering and additional revenue. In addition, Paymetric’s rapidly growing client list will also benefit from this partnership by being given access to b2b2dot0’s On-Demand B2B eCommerce solutions.

“b2b2dot0’s eCommerce solution for SAP® customers directly complements Paymetric’s offerings,” said Larry Wine, president and CEO, Paymetric, Inc. “Manufacturers and distributors increasingly understand the importance of accepting electronic payments. Together, Paymetric and b2b2dot0 will be able to further educate this space about the benefits of electronic payment acceptance, and bring a seamless solution to market.”

Paymetric’s XiPay™ On-Demand and XiSecure™ On-Demand solutions enable companies to securely manage, accept and integrate virtually every type of electronic payment originating from any enterprise system. Both solutions operate in an extremely secure, cost-effective way, utilizing Software-as-a-Service (SaaS) delivery and tokenization technology, respectively. Ultimately, Paymetric’s solutions lower the customers’ total cost of ownership (TCO) via:

• Inclusive monthly service fee, reduced installation costs
• Reduced billing, collection, administrative, customer attrition and IT costs
• Reduced interchange fees
• Minimized cost of compliance
• Reduced threat of a data security breach

b2b2dot0’s eCommerce solution extends client’s SAP® solution and real-time data to the online ordering process, giving customers that place orders on the Web accurate and personalized information about pricing and product availability. By integrating a company’s SAP sell-side system with their shopping cart, customer’s online ordering experience will greatly improve and the client’s order management costs will be dramatically reduced.

“This is one of those matches made in heaven,” said Dr. Sam Bayer, CEO, b2b2dot0. “In the manufacturing industry, traditionally, even web-based orders have been placed using purchase orders. However, that trend is reversing and our clients understand the value of offering electronic payment options to their customers. Naturally, we turned to Paymetric to bring our clients a proven, best-in-class payment processing solution.”

About Paymetric

Paymetric is the leading provider of integrated and secure enterprise payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric’s solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is recognized as an industry leader and is a three-time award-winning SAP® certified partner. For additional information visit www.paymetric.com, follow us on twitter at twitter.com/Paymetric or visit our Facebook page at www.Facebook.com/Paymetric.

About b2b2dot0

b2b2dot0 is the SAP® industry’s first, and only, exclusive provider of On-Demand B2B Webshop solutions that minimize the time, expense and risk of providing self-service Order Management capabilities to a corporation’s customers. Our preconfigured solutions combined with our Agile implementation methodology virtually guarantee a 90 day Go Live! For additional information visit www.b2b2dot0.com, or follow our CEO’s blog at blog.b2b2dot0.com.

Contacts:

Paymetric
Media Contact:
Jessica Wine, 678-984-4473
jwine@paymetric.com