... CA.; Jan 17, 2005 – Nodus ... a leading provider of ... payment ... ... and Wells Fargo, a ... ... services company and a leader in ...
CLAREMONT, CA.; Jan 17, 2005 – Nodus Technologies, a leading provider of integrated payment processing solutions, and Wells Fargo, a diversified financial services company and a leader in e-payments, announced today a strategic alliance designed to alleviate typical online payment challenges such as lengthy reconciliation processes, multiple payment providers, and insecure financial data transfer.
Integrating Nodus’ Credit Card Advantage with Wells Fargo Global Payment GatewaySM, the innovative solution caters to customers seeking sophisticated, secure, and streamlined electronic payment processing through simpler online reporting, rapid reconciliation, and state-of-the art security.
Nodus’ Credit Card Advantage delivers a fast, reliable, and secure Internet-based credit card processing solution that enables businesses to verify credit cards over the Web in real-time. This solution seamlessly integrates with Microsoft® Business Solutions–Great Plains®, Small Business Manager, Navision®, eCommerce, eOrder, eConnect, Retail Management Systems (RMS) and Microsoft CRM to provide an open architecture that readily supports the addition of payment gateways and diverse business environments.
Combining the patent-pending technology of Nodus Technologies with Wells Fargo’s renowned, secure global payment gateway creates a ground-breaking joint solution poised to meet the demands of a flourishing eCommerce market.
“Collaborating with Wells Fargo is a tremendous opportunity to capitalize on each of our strengths in order to make significant strides in eradicating inefficiencies associated with eCommerce processing,” said Donte Kim, Nodus Technologies founder, president, and CEO. “Our joint efforts will not only speed and simplify electronic payment processing through a safe payment gateway but our solution also definitely caters to customers looking to rid themselves of lengthy, cumbersome reconciliation processes.”
“For the first time Microsoft Business Solutions customers will have access to an integrated payment solution through a single trusted provider, “ said Debra Rossi, Executive Vice President, Business Internet Services. “In addition, Microsoft business customers will have expanded payment options such as e-check and international - all backed by sophisticated fraud management.”
Amidst the current surge of online payments, the solution should find a definite niche in the electronic payment sector, releasing at an opportune time to a market ready to embrace a solution that can stabilize risk, reduce cost and complexity, and offer the security of using one trusted payment provider.
About Wells Fargo
Wells Fargo & Company is a diversified financial services company with $397 billion in assets, providing banking, insurance, investments, mortgage and consumer finance from more than 5,900 stores, the internet (wellsfargo.com), and other distribution channels across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only "AAA” rated bank in the United States. Visit Wells Fargo at www.wellsfargo.com.
About Nodus Technologies
Nodus Technologies, Inc. is a leading provider of integrated payment processing solutions. Leveraging its patent-pending technology, the company enables organizations to achieve end-to-end connectivity by seamlessly integrating front and back office business applications. Nodus Technologies solutions facilitate greater scalability by utilizing an open architecture which readily supports the addition of payment gateways and business environments. Based on a collaborative framework, its applications integrate with Microsoft® Business Solutions–Great Plains® as well as other accounting packages, ERP’s, POS, B2B portal, call center, and CRM solutions. Additional information about Nodus Technologies products and services can be found at www.nodustech.com.
CONTACT:
Nodus Technologies, Inc.
909-482-4701
sales@nodustech.com
www.nodustech.com
