Newsbook offers linksto British banking
Newsbool Limited, an Internet service provider, will introduce a
payment method for online transations linked to England’s National
Westminster Bank at Asian IT Expo 2000.
Newsbook’s payment gateway is based in England with National
Westminster Bank the settlement bank for credit card businesss.
The setup fee for merchants looking for a quick way to start billing
and handing money online, is one-fourth of market rates, Newsbook
said . For an International Merchant Account and payment Gateway
Solution, the annual fee for Newsbooks’ payment processing
facilityies is HK$2,000. Transaction rates are nearly the same, if
not a little lower, than the local banks at 4.5 percent, officials