News | December 5, 2005

PC Universe Launches Bill Me Later For Online Payment

I4 Commerce, the leading provider of alternative payment solutions for multichannel retailers, today announced that PC Universe, a rapid response supplier of technology solutions for businesses, has deployed Bill Me Later, which allows consumers to shop without credit cards. With the launch of Bill Me Later, PC Universe joins a growing network of high-quality brands offering customers a new choice for making online purchases while driving incremental business and boosting overall sales.

"Bill Me Later's demonstrated ability to increase not only the number of customers we can attract, but also the amount each shopper spends, peaked our interest in the payment option," said Tom Livia, co-founder and chief operating officer at PC Universe. "But at PC Universe, we're not just selling computers, we're selling a unique brand of quality customer service. By enabling us to better serve our customers through increased security and a faster, easier checkout process, Bill Me Later enhances our customer's experience and is helping PC Universe firmly establish itself as one of the elite technology retailers on the Internet."

PC Universe is one of the country's leading specialty e-retailers of business and consumer computing technologies. An authorized reseller of more than 200,000 products from vendors such as Compaq, IBM, HP, Toshiba, Cisco and Epson, the company has grown over the past decade through its dedication to offering top-shelf products at low price-points and delivering uncompromised service to its shoppers. With Bill Me Later, enterprise customers and consumers who do not have a credit card on hand or, for security reasons, prefer not to give out credit card information online or over the phone, simply provide some basic information to make a purchase. Qualified customers receive instant credit, followed by a bill from I4 Commerce within 14 days. Customers then have the option to pay in full or, for higher-ticket items, finance their purchase over time and pay in installments, making investments in technology more accessible to individuals and small and growing businesses than ever before.

"By increasing average order value while decreasing transaction costs, retailers such as PC Universe demonstrate that offering Bill Me Later can strengthen profits even on low margin items," said Gary Marino, CEO of I4 Commerce.

About PC Universe
PC Universe, Inc. is a rapid response supplier of technology solutions for business, government and educational institutions, as well as consumers. Established in 1995 in Boca Raton, Florida, the birthplace of the personal computer, PC Universe has steadily grown and expanded its business using a multichannel, direct marketing approach.

The company currently serves its customers through two Web site properties, a fully authorized service, integration and configuration center, and a direct sales force of both internal account managers and outbound solution-based account executives.

About I4 Commerce
I4 Commerce's alternative payment solutions help multichannel retailers to attract, satisfy and retain customers at the point-of-sale. Through the company's PayCapture suite, which includes its flagship Bill Me Later solution, merchants can leverage consumer insight to make successful, real- time retailing decisions that drive sales. Nearly one million consumers rely on the safety and convenience of I4 Commerce's payment solutions when shopping online, via catalog and in-store to help save both time and money. I4 Commerce's alternative payment solutions help merchants to use payments as a strategic tool to enhance customer loyalty, drive higher sales and expand profit margins. The solutions are the first new payment methods since credit cards to be so broadly available within the United States. For more information, visit www.I4commerce.com.