SINGAPORE - Netlife, a provider of secure e-finance
solutions, today announced that Netlife PayWorkz ServerPOS is the payment engine behind PlanetMG.com's secure Internet
payment capability. This e-payment solution serves to enhance the portal's consumer experience by providing an
easy and convenient payment means for downloading digital content.
PlanetMG.com (www.planetmg.com), a unit of Sony Marketing Asia Pacific Pte Ltd, is a portal that offers high quality, downloadable music and media content for sale from major labels, Indie labels and independent artistes. Targeted at the Internet-savvy consumer who wants to have digital content anywhere, songs available on the portal can be downloaded into portable devices such as the Sony Memory Stick Walkman.
Being the only other legal way to obtain songs online, PlanetMG also provides the latest news in the entertainment scene and enables free streaming of tracks for audio preview before purchase, all at the convenience of an exciting portal.
With PayWorkz ServerPOS as the payment engine for PlanetMG, consumers can look forward to multi-currency facilities in the near future, which is particularly useful for regional e-commerce. Other than this flexibility, PayWorkz ServerPOS completes the transaction from order processing to payment authorization, through to initiating credit worthiness checks and generating customer confirmation, giving consumers the added confidence with online transactions. Said Nicholas Koh, Regional Manager of PlanetMG.com, "With the rapid advancement of web-based technologies, online consumers can expect greater improvement in security for financial transactions over the Internet. "
According to Tobias Pelzer, Managing Director of Netlife Singapore, a successful e-payment processing systems must be able to deliver a seamless array of electronic capabilities, such as real-time, multi-currency, multi-payment modes and even micro payment.
"As competition heats up with the influx of electronic storefronts in Asia, companies will need to provide a completely secure shopping experience that consumers will feel comfortable with," he added.
About Netlife PayWorkz ServerPOS
The server-based PayWorkz ServerPOS is SET-certified and secures online credit card payments using the Secure Sockets Layer (SSL) and Secure Electronic Transaction (SET) protocols. New payment methods and services will be integrated into the application as they become available.
PayWorkz ServerPOS is part of the Netlife PayWorkz range of e-payment solutions that provides secure credit card transactions between merchants, customers and financial institutions over the Internet and mobile networks using encryption and authentication methods.
Founded in 1996, Hamburg-based Netlife is a provider of secure e-finance solutions. The company's core activities include domain and product consultancy and development of applications for online banking, brokerage, payment and mobile commerce.
PlanetMG.com was officially launched in Singapore on August 1, 2000. It aims to be the definitive web portal for digital music and media content distribution over the Internet, for Asia Pacific region.
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