eCOST.com Announces Integration of PayPal Express Checkout
April 09 2008 - 8:00AM
Business Wire
eCOST.com, a wholly owned subsidiary of PFSweb, Inc. (Nasdaq:
PFSW), and a leading multi-category online discount retailer of
brand-name technology and consumer electronics, announced that it
is now offering PayPal Express Checkout as an additional option for
customers to purchase products from the eCOST.com website. PayPal
Express Checkout allows eCOST.com customers to make purchases using
their existing PayPal account, and expedite the checkout process in
a secure environment. PayPal Express Checkout offers a single
log-in functionality that automatically populates payment funding
information as well as bill to/ship to addresses, making the
eCOST.com shopping experience quicker and easier while protecting
customer�s personal information. �As part of our efforts to improve
the shopping experience for our customers, we have provided another
alternative payment method that makes online shopping easier and
more secure. By partnering with PayPal and integrating PayPal
Express Checkout into the eCOST.com site, we are now aligned with
one of the global leaders in online payment solutions. We believe
this addition can help drive higher conversions and lower shopping
cart abandonment through increased convenience and greater
flexibility for the end consumer,� said Gary Guy, President of
eCOST.com. About PayPal Inc. Founded in 1998, PayPal, an eBay
company, enables any individual or business with an email address
to send and receive payments online securely and easily using a
bank account, credit card or stored balance. Because PayPal allows
customers to shop online without sharing their financial
information with merchants, privacy is built into the service.
PayPal has nearly 143 million accounts and is available to users in
190 markets around the world. More information about the company
can be found at https://www.paypal.com. About PFSweb, Inc. PFSweb
develops and deploys integrated business infrastructure solutions
and fulfillment services for Fortune 1000, Global 2000 and brand
name companies, including third party logistics, call center
support and e-commerce services. The company serves a multitude of
industries and company types, including such clients as LEGO,
Riverbed, CHiA�SSO, MARS Drinks North America (formerly FLAVIA�
Beverage Systems), Hewlett-Packard, International Business
Machines, Hawker Beechcraft Corp. (formerly Raytheon Aircraft
Company), Rene Furterer USA, Roots Canada Ltd. and Xerox. Through
its wholly owned eCOST.com subsidiary, PFSweb also serves as a
leading multi-category online discount retailer of high-quality
new, "close-out" and manufacturer recertified brand-name
merchandise for consumers and small to medium size business buyers.
Through its website, www.ecost.com, and its catalog, eCOST.com
sells approximately 170,000 different products from leading
manufacturers such as Sony, JVC, Canon, Hewlett-Packard, Garmin,
Panasonic, Toshiba, Microsoft, Kitchen Aid, Panasonic, Black &
Decker, Cuisinart, Coleman, Wilson and Nike. To find out more about
PFSweb, Inc. (NASDAQ: PFSW), visit the company's websites at
http://www.pfsweb.com and http://www.ecost.com. The matters
discussed herein�include forward-looking information under the
Private Securities Litigation Reform Act of 1995, which is subject
to and involves risks and uncertainties, which could cause actual
results to differ materially from the forward-looking information.
PFSweb's Annual Report on Form 10-K for the year ended December 31,
2007 identifies certain factors that could cause actual results to
differ materially from those projected in any forward looking
statements made and investors are advised to review the Annual and
Quarterly Reports and the Risk Factors described therein. These
Risk Factors include the risk of contract terminations. PFSweb
undertakes no obligation to update publicly any forward-looking
statement for any reason, even if new information becomes available
or other events occur in the future. There may be additional risks
that we do not currently view as material or that are not presently
known.
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