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Press Releases

eCatOnly and RapidMoney Corporation Announce Agreement and Launch ePAID/RapidMoney "Retiro" Service
[ full press release... ]

eCatOnly and Mor-Data Announce and Launch ePAID in English for In-Country and Cross Border eCommerce
[ full press release... ]

eCatOnly Announces the Launch of Direct Bank Transfers for ePAID
[ full press release... ]

eCatOnly Announces the Launch of Western Union SwiftPay Support
[ full press release... ]

eCatOnly and Mor-Data Announce and Launch ePAID
[ full press release... ]

eCatOnly and Todtio.com Announce the Launch of ePAID
[ full press release... ]

eCatOnly Announces the Launch of Major Cash Collection in Mexico
[ full press release... ]

J. Roger Moody Joins eCatOnly Board of Directors
[ full press release... ]

eCatOnly Announces License Agreement with Todito.com S.A. de C.V.
[ full press release... ]

Two Xerox Leaders Ranked Among World's `Top 10' Knowledge Executives
[ full press release... ]

John Seely Brown Joins eCatOnly Board of Directors
[ full press release... ]

Bruce Hallett Joins eCatOnly Board Of Directors
[ full press release... ]


Main Press Release Page
eCatOnly provides Global Online Payment Services to International Internet subscriber providers such as portals, ISP's, banks and telecommunications companies which allows them to offer branded prepaid Internet accounts (either cash deposit or bank transfer) for shopping or P2P transactions:

  • For merchants and customers within the local country or community
  • For expatriate customers residing in the U.S.
  • For cross border shopping, P2P transfers and cross-border auctions

What problem do they solve?

New Internet users in fast growing Internet markets (like Mexico) need stored value accounts to effectively conduct global online commerce. These transactions include traditional shopping for hard goods, digital content (i.e. software, music, games), travel services, online stock services, P2P transfers, auctions, and bill payments.

Today they are limited by not having a convenient payment system tailored to the ways of their culture... cash!

How do they solve the problem?

eCatOnly has both an effective business model and innovative technology that addresses this problem. They provide a highly scalable, secure transaction engine (ePAID) that establishes prepaid accounts from which users can conduct online commerce. In addition to in-country purchases, the system provides for currency conversion to support cross-border transactions.

They also provide a patent pending proxy (iProxy) that allows us to interface with the merchant or service provider with minimal or no changes to their ecommerce system. Their business model leverages their partners such as portals, telephone service providers, banks and internet service providers who already have substantial customer bases and a trusted local brand name.



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