Intel to invest in ClickandBuy

Vikingod · Jan 18, 2007, 06:12 PM

Source: InfoWorld
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Intel Capital invested an undisclosed amount in Firstgate Holding, owner of hosted online payment system provider ClickandBuy.

The deal, announced on Wednesday, will help fund ClickandBuy's global expansion into Asia and Latin America and will strengthen it against competitors, the companies said. Intel Capital is the investment arm of Intel Corp.

Around 7,000 merchants use ClickandBuy's payment system that can handle many different currencies, various tax schemes, credit card processing and live customer care. The system also features fraud prevention to protect customers and merchants against Internet fraud.

Jan 18, 2007, 06:12 PM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,197 Rep Power: 112 System Specs	Intel to invest in ClickandBuy Source: InfoWorld _________ Intel Capital invested an undisclosed amount in Firstgate Holding, owner of hosted online payment system provider ClickandBuy. The deal, announced on Wednesday, will help fund ClickandBuy's global expansion into Asia and Latin America and will strengthen it against competitors, the companies said. Intel Capital is the investment arm of Intel Corp. Around 7,000 merchants use ClickandBuy's payment system that can handle many different currencies, various tax schemes, credit card processing and live customer care. The system also features fraud prevention to protect customers and merchants against Internet fraud.