In Record Time, ClickandBuy Replaces Credit Cards as Online Means of Payment in the Netherlands


ZUG, Switzerland and LONDON and UTRECHT, The Netherlands, August 24 /PRNewswire/ --

- The New Payment Method, iDeal From ClickandBuy, is Increasingly Being
Used For Online Payments - Customer Acceptance Exceeds All Predictions

The internet payment system ClickandBuy, a full-service
solution for e-payment and billing, has replaced credit cards as the no. 1
means of payment in the internet. Within only one month, ClickandBuy
(http://www.clickandbuy.com) succeeded in penetrating the Dutch e-payment
market with iDeal (http://www.rabobank.com).

The payment option, iDeal, is a product collectively offered
by well-known banks such as Rabobank, ABN Amro Bank, and Postbank. iDeal
enables customers in the Netherlands to make online payments securely,
quickly and simply. The advantage for the end customer is that transfers can
be booked per online banking directly from their ClickandBuy account. Through
receipt of payment information, the online merchant has the guarantee of the
money reaching his account immediately. The average iDeal transaction 
(= online purchase) lies in the mid-teens (Euros).

Andreas Horst, Director of Corporate Communications at
ClickandBuy, sees the international market penetration of e-payment rapidly
progressing - significantly driven forward through the investments of 3i,
Deutsche Telekom AG and Intel in ClickandBuy. "The new payment procedure,
iDeal, signifies another big leap to fast expansion in European markets".

About ClickandBuy

ClickandBuy is a full-service provider of e-payments and
billing. ClickandBuy is operated by the licence partner, SWISSCOM, in
Switzerland and by ClickandBuy (Europe) Ltd. in other European markets.
Today, over 7,000 providers already use ClickandBuy for purchase billing
including Apple iTunes, Electronic Arts (EA), T-Online Gamesload and
Musicload, Skype, Nero, Tiscali, Meetic, Parship, SanDisk, Autoscout24, ADAC,
RTL, Stiftung Warentest, Financial Times Deutschland, bild.de, buch.de,
EuroFlorist, tailorstore.de and HOOD.de among others. Millions of customers
pay with ClickandBuy, the service that achieved the top score in CHIP for
security and convenience.

In January 2007, Intel invested in ClickandBuy. At the same time, ClickandBuy
announced a global, strategic partnership with Intel. Already in August 2006,
Deutsche Telekom assumed 10% in shares of ClickandBuy. Deutsche Telekom and
ClickandBuy intend to strategically expand their existing collaboration - for
the worldwide purchase billing of Deutsche Telekom's comprehensive range of
products/services through ClickandBuy. In 2006, 3i also invested 20 million
Euros in order to support ClickandBuy with their expansion strategy.

ClickandBuy
    Headquarters
    Andreas Horst
    Director of Corporate Communications
    Industriestrasse 18
    6300 Zug
    Switzerland

    Telephone: +41-(41)-72-72-110
    Fax: +41-(41)-72-72-119
    E-mail: andreas.horst@clickandbuy.com

    http://www.clickandbuy.com

© PR Newswire Association LLC.

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