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News - Latest Press Releases and Media Coverage [2023 - 1996]
Press Releases
Date: 7/12/2000

Everyone recognizes that Internet commerce is the next big opportunity - for businesses, for financial institutions, and for consumers. But doing business on the Net means finding a secure, cost-effective, and reliable way to collect payment and process transactions. Chi Tao Studio fills that need with a server-based transaction processing system that enables businesses to authorize, process, and manage credit card transactions in a real-time, online environment from any computer with an Internet connection and a Web browser.

Merchants simply send us the information we need to process their transactions over a secure, encrypted Internet connection. We take care of the rest on our sophisticated transaction processing system. That means businesses get all the advantages of our fast, reliable commerce servers; powerful databases; and fast, secure, leased-line connections to financial institutions right from their Web browser. All without the hassle, complexity, and expense normally associated with processing and managing payment on the Internet.

Planet Payment Partner

Chi Tao Studio will now offer one-stop eCommerce solutions to eBusinesses looking to conduct activity on a worldwide basis. Asian merchants will go online to set up their eBusiness website and accept online multi-currency credit card payments in real-time through the payment gateway, powered by Planet Payment and AuthorizeNet.

The market is heading toward accepting credit cards in multiple currencies, and I encourage you e-commerce visionaries to take the same route. This will make it possible for your customers to purchase your goods and services in their native currency while you receive payment in your native currency. Credit card transactions are the largest e-commerce payment vehicle. According to the Economist (June 19, 2000), over 95 percent of all Internet transactions last year were credit card based. The Economist projects 81 percent of all transactions in 2005 will continue to be credit card based, even with new payment methods on the horizon and the growth of B2B e-commerce.

Until now, it's been nearly impossible for all but the largest vendors in the world to have a multicurrency merchant account and payment gateway. Fortunately, solutions are now available for small companies. we have created a comprehensive solution to sell online in 146 currencies and receive funds in one of 22 currencies. The company has solutions for vendors of all sizes, inside or outside of the United States.

Apply Now to get your merchant account and process credit card payments without delay!

For more detail, please contact

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