SOURCE: Graduate Management Admission Council

Graduate Management Admission Council

June 21, 2011 12:00 ET

mba.com Store Adds New Payment Options

RESTON, VA--(Marketwire - Jun 21, 2011) - Visitors to the mba.com store can now choose from a broader array of payment methods when they purchase GMAT test-preparation tools and other products.

The store, operated by the Graduate Management Admission Council (GMAC), a nonprofit association of business schools worldwide and owner of the GMAT exam, has started accepting payments in the currencies of Norway and Sweden in addition to U.S. dollars.

Norwegian and Swedish mba.com store customers may also now use the Klarna payment system, which enables a buyer to receive a purchase before payment goes to the seller. Customers in Sweden can also complete transactions using Direktbetalning, an online payment system that allows people to transfer funds to a merchant directly from a bank account.

In addition, mba.com store customers in Japan now have the option of paying via the country's extensive network of konbini, or convenience stores. People choosing this method pay for their online selections at an in-store point-of-sale terminal before the items are delivered.

About the mba.com store

The mba.com store (www.mba.com/store) sells many products to help people prepare for the GMAT exam, get ready for business school and plan their careers. The store features the Official Guide for GMAT Review series, the only three test-preparation books available today with actual GMAT questions formerly used on the exam. In addition, GMAC recently released a new Apple iOS application based on the Official Guide series for test prep on-the-go.

About GMAC and the GMAT exam

The Graduate Management Admission Council (www.gmac.com) is a nonprofit education organization of leading graduate business schools worldwide. GMAC is based in Reston, Virginia, and has regional offices in Hong Kong, London and New Delhi. The GMAT exam is used by more than 5,000 management education programs worldwide as part of the admissions process. Visit www.mba.com for more information about the GMAT and to register for the exam.