Press Release
FXSource, LLC Chooses 2Checkout.com Inc. to Pilot Its International Payment Processing
Partnership Facilitates the Company's Customer Payments Across Global Markets
Columbus, OH January 15, 2006 FXSource, LLC an international electronic cash management service provider announced today that it partnered with 2Checkout.com Inc. (2CO) to pilot the company's international payment transactions.
"We are excited to partner with 2CO. Our partnership with 2CO will provide them with a standardized International Payment Process that will allow them to expand into new international markets, while significantly minimizing the company's exposure to fraud and associated costs." Said Cris Kanellopoulos, CFO of FXSource, LLC.
Established in 1999 and headquartered in Columbus, Ohio, 2CO provides turnkey e-commerce solutions to thousands of business customers around the world through its online distribution center for over 300,000 tangible or digital products and services.
"This will provide us access to additional markets not reached by traditional internet payment methods such as credit cards and PayPal", said Kristin Dach, 2CO's Chief Operating Officer. "There really wasn't a negative aspect to the process and we are first out the gate with an additional payment acceptance method. I strongly believe that FXSource services will put 2CO far above the competition."
About FXSource, LLC.
FXSource, LLC - Headquartered in Columbus, Ohio offers international electronic cash management services to individuals, corporations, and private label partnerships. Clients reduce the waiting period to receive funds, reduce the costs of transfers, and receive real-time detailed reporting on-line with the company's direct electronic funds transfer service.
The company's direct electronic funds transfer service, allows users with non-US bank accounts to safely and economically send funds to holders of US bank accounts for a nominal fee. Individuals and businesses in the United States can receive payments from international senders or move funds into their USD bank and investment accounts. The service provides transaction reporting unavailable through traditional wire transfers and international drafts permitting both senders and receivers to track payments on-line and match this information with their internal accounting systems.
Transfers are made from any existing foreign bank account to any United States financial institution using a proprietary process (patent pending) that integrates various automated clearing mechanisms around the world into a virtual global payment network.
FXSource and the FXSource logo are registered trademarks of FXSource, LLC.
More information on FXSource, LLC can be found at www.fxsource.com or by contacting the company headquarters at (866) 693-6181 or (614) 850-7576.
Media Contact: Vicki Constant
FXSource, LLC.
Telephone: 614-850-7576
Fax: 614-850-7577
Email: media@fxsource.com
4350 Equity Dr.
Columbus, OH 43228
USA