UK's Leading Payment Service Provider Teams up With Unique Sales Channel to Help Over 25,000 UK Businesses Through Recession


LONDON, August 26 /PRNewswire/ --     Thousands of online businesses received a boost today with an
announcement from online marketplace Aroxo (http://www.aroxo.co.uk) and Sage
Pay (http://www.sagepay.co.uk) the UK's leading independent payment service
provider (PSP) that they have joined forces to provide a secure and efficient
new sales channel.

The move to include Sage Pay alongside peer to peer payment platforms,
such as PayPal and Google Checkout comes as a result of retailer demand and
is part of Aroxo's wider growth strategy.

Matt Rogers, co-founder of Aroxo explains: 'We have ambitious plans for
growth and by partnering with Sage Pay, both our network of customers and
businesses using Sage Pay's secure payment gateway will benefit from this
innovative collaboration.'

Aroxo is the first buyer-driven marketplace where the buyer and seller
can negotiate on the price of desired goods so will be a welcome addition to
any multi channel strategy, and with Sage Pay's integration it is an
efficient and effortless new sales channel.

James Beard, Head of Commercial Development at Sage Pay comments "We're
delighted to provide our payment services on Aroxo's marketplace. We've
spoken to a number of our customers and their two key concerns are always
reaching new markets and streamlining business processes. The ability to
accept payments on their own website and via Aroxo and reconcile them in one
place gives retailers one less thing to worry about and enables them to
concentrate on making their business a success."

Research carried out by IMRG shows that 62% of shoppers think the best
deals are only available online, with online discounts soaring by 100%. It
also shows that nearly half of e-shoppers believe their money goes further
online, a trend confirmed by Sage Pay's own statistics that reveal that the
frequency of buying online has increased significantly but the average spend
per transaction has decreased by approximately 10% year on year.

E-commerce businesses are tapping into the consumer desire to bargain
hunt with 25% of small businesses intending to invest in their e-commerce in
the next 12 months making competition between e-tailers fierce.

Sage Pay and Aroxo customer Qu Li from Web Electricals (
http://www.webelectricals.co.uk) explains, "For us it was essential that
Aroxo supported Sage Pay. Now that both systems are fully integrated, we are
benefiting from an excellent new sales channel as well as secure payment
services and anti fraud tools from a provider we can rely on. It's a solution
that fits seamlessly into our business."

About Sage Pay

Sage Pay is the fastest growing payment service in the UK. We offer our
25,000+ customers a secure payment service for the millions of transactions
that we undertake on their behalf each year.

The philosophy that has driven us since our launch in 2001 is still at
the heart of our business - to give our customers more than they pay for, and
to make it really easy for them to do business. We make the process of
accepting payments simple, fast and safe. Whether your need for online
payment is simple, or completely tailored, we help to make accepting payments
online, over the phone or via mail order more profitable.

http://www.sagepay.com

About Aroxo

Aroxo is a completely new and unique marketplace that helps buyers get
great prices, and sellers grow their sales. Since launching a few weeks ago,
the system has amassed over GBP55m in stock and currently has over GBP100k of
buyer demand on the site.

Aroxo works by building buyer demand for products, and then assisting
sellers in contacting those buyers. A seller who uses Aroxo simply uploads
their standard product and feed and they can then see real buyer demand for
those products.

The business has won several awards for its system, including being voted
the UK's Hottest Start-up 2009 by the London Business School, and being named
in the Tech Media Top 100 in The Guardian.

http://www.aroxo.co.uk

© PR Newswire Association LLC.

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