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2000Charge Reports Increase in EUDEBIT Services
2000Charge is reporting a significant increase in the usage of EUDEBIT services in the third quarter of 2008 by U.S.
based merchants.
PASADENA, CA, November 10, 2008 /E-commerce PR News/ -- Billing company 2000Charge.com is reporting a significant increase in the usage of EUDEBIT services in the third quarter of 2008 by U.S. based merchants. The company attributes the increase to the economic woes that have gripped the U.S. in the last few quarters of 2008.
The slowing U.S. economy has merchants seeking additional revenue streams and by tapping into the European market, merchants can achieve a significant increase in sales. With a combined population of over 730 million people, the European market is more than twice the size of the United States market with 305 million people.
EUDEBIT is an important payment method and represents a significant share of the market in Europe. The payments are made in real-time and the funds are withdrawn directly from the consumers' bank account.
In addition, due to the tightening of the credit markets, bank account driven solutions such as EUDEBIT and DirectPay EU become more popular as they are not tied to credit restrictions on credit card accounts. |
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Press Release Contact Information:
Wolf Kring
2000Charge
CEO
530 South Lake Ave
Pasadena, California
United States 91101
Voice: 626-585-1814
Fax: 626-585-1849
Website: Visit Our Website |
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