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Press Releases eCatalystOne ANNOUNCES THE LAUNCH OF WESTERN UNION SwiftPay SUPPORT NEWPORT BEACH, Calif., April 15, 2002 -- eCatalystOne, a leading provider of global online payment services, today announced its contract and launch of service with Western Union's SwiftPay service. As an early partner with Western Union, eCatalystOne was a pioneer with Western Union as a first user of the earlier PayCash program from Western Union. Now as deposits to stored-value accounts go mainstream, switching to the more robust SwiftPay affords more functionality and broader coverage for US deposits into ePaid accounts for any of eCatalystOne's Distribution Partners. Through eCatalystOne's ePaid service, our Distribution Partners can now offer their services to US consumers. These consumers will easily find a nearby Western Agent (40,000+ nationwide) to handle their SwiftPay deposit into their ePaid account. "Many of our Distribution Partners are targeting cash-based cultures within in the US and elsewhere. With this capability, US consumers will be able to participate directly in the ePAID online commerce network, whether their provider (Distribution Partner) is based in the US or elsewhere." stated Dennis Andrews, CEO of eCatalystOne.
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