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Acclaim Signs Virtual Wallet Payment Solution

by Rainier on Oct. 30, 2006 @ 10:05 a.m. PST

Click&Buy has signed an agreement with Acclaim to provide a payment system for Acclaim's virtual wallet. Through the virtual wallet, Acclaim users can buy Acclaim Coins; thereby using those coins for all games, including the latest games in Beta mode and MMORPG games.

Click&Buy is more than a payment processor. Merchants, such as Acclaim, outsource all or part of their eCommerce activities to Click&Buy, who not only manages the payment process, but also offers live customer support for consumers, credit card fraud detection, monthly invoicing and easy implementation of various payment methods. Click&Buy processes, handles and manages digital and paid content for games, songs, movies, streaming video, podcasts, RSS, television, publishing and mobile devices.

"We selected Click&Buy because it is an ideal solution for people to safely and easily purchase digital media including games on the Internet," said Howard Marks, CEO of Acclaim Games.

"More and more game companies are looking for an international payment provider that can take care of complex payment methods combined with highly-interactive content. We are delighted to expand our gaming market share in the United States with a company like Acclaim," said Fabian G. Siegel, CTO of the Click&Buy Group.

Many brand names utilize Click&Buy for enabling online customer transactions including Apple iTunes, Skype, Electronic Arts, Univision, iVillage and SanDisk. Click&Buy is operated in Europe, the United States and Mexico. This past year the company received $23 million in venture funding, and Deutsche Telekom bought a 10 percent stake in Click&Buy in August 2006.

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