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IBM Teams for ePayments Venture

eONE Global and its subsidiaries, SurePay and govONE Solutions, sign a deal with Big Blue to co-market online payments solutions to both businesses and government.

January 31, 2002
By Beth Cox: More stories by this author:

Armonk, N.Y.-based International Business Machines Corp. is teaming with a payment technologies unit of First Data Corp. to market electronic payments solutions to the business and government marketplaces.

IBM said the arrangement is with eONE Global LP and its subsidiaries, SurePay and govONE Solutions. Financial arrangements were not disclosed.

The companies said that the e-payment solutions will help e-marketplace participants, businesses, financial services providers and government agencies save money by using online electronic transactions.

IBM will commit sales and marketing professionals to the effort and SurePay and govONE Solutions will market the integration services provided by IBM Global Services (IGS) Business Innovation Services (BIS) to their customers.

"Integrated payment solutions supporting e-marketplaces and government commerce will help industries and governments make the complete transformation to e-business," said Mark Greene, general manager, IBM Global Banking Industry. "Off-line manual processes introduce delays and errors, and off-line payments can undermine the true value of business transactions..."

Also today, IBM and privately held unified business services software provider DWL formed a strategic alliance to deliver unified business services software for the financial services industry. The two companies will jointly market DWL customer and industry applications running on IBM WebSphere Application Server, with DB2 Universal Database and WebSphere MQ family middleware, along with IBM's eServer hardware platform.






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