MerchantOnline Announces New ISO/Distributor for PC PayMENT(TM) Small Business Package

Apr 11, 2001, 01:00 ET from MerchantOnline

    BOCA RATON, Fla., April 11 /PRNewswire/ --
 MerchantOnline (OTC Bulletin Board:   MRTO), a provider of secure transaction
 networks and devices for credit cards and debit cards, announced today that it
 has entered into a distribution agreement with Classic BankCard.
     David Latraverse, Director of Sales, stated, "We are very excited about
 this alliance and look forward to working with Classic BankCard in providing
 them with our patented PC PayMENT(TM) Small Business Package.  The agreement
 allows another top notch ISO/distributor to get our product into the
 marketplace."  He added, "The combination of the revenue generated from the
 sale of PC PayMENT and recurring transaction fees will contribute to the
 continued growth of the company."
     We have entered into an agreement to purchase the PC PayMENT Small
 Business Package, which allows us to offer our 30,000 plus customers a lower
 cost alternative means of accepting Credit and ATM/Debit cards.  The patented
 PC Pay(R) device that is part of this package, adds extra value for our
 customers by also allowing them the ability to execute online purchases
 securely and anonymously," said Mace Horowitz, president of Classic BankCard,
 Inc.
     The suggested retail price for the PC PayMENT Small Business Package is
 $299-$699 depending on configuration.
 
     About MerchantOnline.com
     Founded in December 1997, MerchantOnline provides a secure transaction
 network that enables business and consumers to use one payment system for both
 their real world and virtual world needs utilizing credit card, ATM/debit
 cards and other payment programs.
 
     Except for historical matters, the matters in this press release are
 forward-looking statements and are made pursuant to the safe harbor provisions
 of the Private Securities Litigation Reform Act of 1995.  The forward-looking
 statements reflect assumptions and involve risks and uncertainties, which
 might affect the Company's business and prospects and cause actual results to
 differ materially from these forward-looking statements.  Investors are
 cautioned that all forward-looking statements involve risk and uncertainties,
 including those risk and uncertainties detailed in the Company's Annual Report
 on Form 10-KSB for the year ended October 31, 2000, filed with the SEC.
 
 

SOURCE MerchantOnline
    BOCA RATON, Fla., April 11 /PRNewswire/ --
 MerchantOnline (OTC Bulletin Board:   MRTO), a provider of secure transaction
 networks and devices for credit cards and debit cards, announced today that it
 has entered into a distribution agreement with Classic BankCard.
     David Latraverse, Director of Sales, stated, "We are very excited about
 this alliance and look forward to working with Classic BankCard in providing
 them with our patented PC PayMENT(TM) Small Business Package.  The agreement
 allows another top notch ISO/distributor to get our product into the
 marketplace."  He added, "The combination of the revenue generated from the
 sale of PC PayMENT and recurring transaction fees will contribute to the
 continued growth of the company."
     We have entered into an agreement to purchase the PC PayMENT Small
 Business Package, which allows us to offer our 30,000 plus customers a lower
 cost alternative means of accepting Credit and ATM/Debit cards.  The patented
 PC Pay(R) device that is part of this package, adds extra value for our
 customers by also allowing them the ability to execute online purchases
 securely and anonymously," said Mace Horowitz, president of Classic BankCard,
 Inc.
     The suggested retail price for the PC PayMENT Small Business Package is
 $299-$699 depending on configuration.
 
     About MerchantOnline.com
     Founded in December 1997, MerchantOnline provides a secure transaction
 network that enables business and consumers to use one payment system for both
 their real world and virtual world needs utilizing credit card, ATM/debit
 cards and other payment programs.
 
     Except for historical matters, the matters in this press release are
 forward-looking statements and are made pursuant to the safe harbor provisions
 of the Private Securities Litigation Reform Act of 1995.  The forward-looking
 statements reflect assumptions and involve risks and uncertainties, which
 might affect the Company's business and prospects and cause actual results to
 differ materially from these forward-looking statements.  Investors are
 cautioned that all forward-looking statements involve risk and uncertainties,
 including those risk and uncertainties detailed in the Company's Annual Report
 on Form 10-KSB for the year ended October 31, 2000, filed with the SEC.
 
 SOURCE  MerchantOnline