Mazooma Inc.

Mazooma Inc.

April 29, 2010 10:00 ET

Online Pharmacy Shopping Is Made Painless With AmericaRx and Mazooma Debit-Payment Solution

Partnership Gives Consumers the Choice to Make Secure Online Purchases Directly From Their Bank Accounts

MIAMI, FLORIDA--(Marketwire - April 29, 2010) - AmericaRx, one of the country's leading online pharmacy, and Mazooma, the first real-time online debit payment solution for U.S. consumers, today announced a partnership that gives AmericaRx customers an easy and secure way to make purchases with cash online. 

"Offering Mazooma as a debit-payment option provides consumers with the choice to purchase their over-the-counter medications, baby products, cosmetics and supplements with cash just as they would in a physical store," says Pavan Kumar Darisi, CEO. "By simply selecting Mazooma at checkout, customers can securely make online purchases directly from their bank account without ever having to reveal their financial details or login information." 

Since Mazooma does not require consumers to pre-register, it can be used immediately at check out, increasing conversion rates. Merchants receive authorization instantly, allowing them to ship an order immediately for greater customer satisfaction.

"As more consumers prefer to shop online, the ability to offer consumers the option to pay direct from their online bank accounts gives merchants like AmericaRX.com a competitive advantage," said Paul Phillipson, Managing Director, Mazooma USA. "In a physical store, consumers have the choice to pay with a credit card or cash. Mazooma is the only solution that allows millions of U.S. consumers to pay with cash online, which allows retailers to process payment instantly. It's making online shopping easier for everyone."

About Mazooma

Mazooma provides consumers with a safe, instant way to make purchases online directly from their bank accounts. By combining the security and comfort of online banking with a speedy and simple payment check-out process, Mazooma offers a secure, easy-to-use solution for millions of consumers who cannot or do not want to use a credit card. Payment for online purchases is made directly from the customer's own bank account – and authorized through the financial institutions they know and trust.

For online merchants, Mazooma creates a new way to reach more customers, increase revenue and reduce the cost of payment processing.

For more information, visit www.mazooma.com.

About AmericaRx

AmericaRx is a Growing Online Pharmacy and Online Drugstore featuring Health and Beauty Products, Diabetes supplies, Medical and Surgical supplies, Vitamins and Minerals. We also carry a wide selection of Over the Counter Drugs, Sexual Health Products, First Aid Kits and an assortment of Alternative Health Products.

For more information, visit www.AmericaRx.com.

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