Mazooma Inc.

Mazooma Inc.
CSN Stores

CSN Stores

September 23, 2010 09:01 ET

CSN Stores Integrates Mazooma Payment Solution for Its 200+ Online Boutiques

- Major Online Retailer Now Offers Real-Time Debit Payment Option -

MIAMI, FLORIDA--(Marketwire - Sept. 23, 2010) - CSN Stores, the No. 3 online retailer of home furnishings and housewares in the U.S., has integrated Mazooma as a new, convenient payment option. 

Mazooma is currently available to all of the 200+ online boutiques in CSN's portfolio, providing customers with a fast, easy and secure way to make purchases directly from their online bank account. The first real-time and bank-authenticated online debit solution for U.S. consumers, Mazooma provides CSN Stores with instant payment authorization, so that products can be shipped quickly to customers.

"A positive customer experience has always been our top priority," says Nick Malone, CSN Stores' Chief Financial Officer. "With its quick and convenient transaction process, Mazooma will enable us to rapidly ship products after an order is placed, making it a great debit option for both CSN Stores and our customers."

CSN Stores is comprised of more than 200 online boutiques – including Cookware.com, Strollers.com and AllModern.com – with inventory spanning more than 2 million products. Now CSN Stores is able to tap into a new demographic – consumers who want quick and efficient order fulfillment, but are unable or unwilling to make purchases online with credit.

"One of the most prevalent issues confronting e-commerce is shopping cart abandonment," explains Paul Phillipson, Managing Director USA at Mazooma. "By integrating Mazooma, CSN Stores can effectively address this problem by making the payment process for their customers quick, easy and even more secure. With Mazooma, consumers begin and end their transactions on CSN's site, resulting in fewer distractions, which ensures a positive customer experience." 

About Mazooma

Mazooma provides consumers and merchants with a safe, secure and convenient payment channel for online shopping. Serving the millions of consumers who cannot or will not use a credit card online, including 80 million American households who actively use online banking, Mazooma is a bank-authenticated way for consumers to pay for online purchases directly from their bank accounts with financial institutions they know and trust. Mazooma supports 75 percent of all consumer bank accounts in the U.S. For more information, visit http://www.mazooma.com.

About CSN Stores LLC

CSN Stores LLC (www.csnstores.com) is comprised of 200+ online e-boutiques offering unparalleled selection, great customer service and significant savings. Based in Boston, Mass., CSN Stores offers more than 2 million products from 4,000 brands and serves customers in the U.S., the U.K., and Germany.CSN was selected as part of the Hot 100 Best Online Retailers in 2009 by Internet Retailer. Select CSN Stores include: AllModern.com, Cookware.com, Strollers.com, Luggage.com, RacksAndStands.com, CookwareByCSN.co.uk and many, many more.

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