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eDoorways Secures Relationship with Major Bank, Will Deliver Financial Services to Merchants
Nov 08, 2011
OTC Disclosure & News Service
Austin, TX -
AUSTIN, Texas-- eDoorways International Corporation (PinkSheets: EDWYD) has established a relationship with a leading international bank in a key strategic move aimed at expanding its service offering to include discounted credit card services, loans and fund transfers. The new banking relationship will allow eDoorways to provide major-brand credit card services to its PowerChannel merchants at discounted wholesale prices.
The move is expected to spur strong demand from business startups that closely watch their bottom line and are open to new ways to trim expenses. Disclosure of the major bank and an intermediary service provider along with the launch date of the service will occur within the next 30 days.
eDoorways' move to include financial services as part of its service offering is logical considering the emerging market for individuals and small businesses having difficulty securing affordable capital and resources from large banks. The Company sees an opportunity for an online service providing high-quality financial services leveraging the strength of its newly-established eDoorways 2.0 web platform. Because the platform is built using peer-to-peer interpersonal collaboration and commerce it can readily support eDoorways' plan to expand its services into the financial arena. The platform employs the power of social collaboration, targeted personal search, ecommerce and targeted marketing in a seamless, easy-to-use environment with no fee for basic services.
The company has already seen approximately 1,000 business storefronts created as PowerChannels on its site during the first 6 weeks of operation. This points to an attractive market for an offering that incorporates key financial services such as credit card processing in a social-network, integrated services business environment. Merchants having created business storefronts using the new services will benefit in terms of lower costs for completing business transactions and increased convenience.
For more information on eDoorways InternationalCorporation and/or the "eDoorways 2.0 platform," please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter(http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities ReformAct of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
« Back to News Headlines
eDoorways Secures Relationship with Major Bank, Will Deliver Financial Services to Merchants
Nov 08, 2011
OTC Disclosure & News Service
Austin, TX -
AUSTIN, Texas-- eDoorways International Corporation (PinkSheets: EDWYD) has established a relationship with a leading international bank in a key strategic move aimed at expanding its service offering to include discounted credit card services, loans and fund transfers. The new banking relationship will allow eDoorways to provide major-brand credit card services to its PowerChannel merchants at discounted wholesale prices.
The move is expected to spur strong demand from business startups that closely watch their bottom line and are open to new ways to trim expenses. Disclosure of the major bank and an intermediary service provider along with the launch date of the service will occur within the next 30 days.
eDoorways' move to include financial services as part of its service offering is logical considering the emerging market for individuals and small businesses having difficulty securing affordable capital and resources from large banks. The Company sees an opportunity for an online service providing high-quality financial services leveraging the strength of its newly-established eDoorways 2.0 web platform. Because the platform is built using peer-to-peer interpersonal collaboration and commerce it can readily support eDoorways' plan to expand its services into the financial arena. The platform employs the power of social collaboration, targeted personal search, ecommerce and targeted marketing in a seamless, easy-to-use environment with no fee for basic services.
The company has already seen approximately 1,000 business storefronts created as PowerChannels on its site during the first 6 weeks of operation. This points to an attractive market for an offering that incorporates key financial services such as credit card processing in a social-network, integrated services business environment. Merchants having created business storefronts using the new services will benefit in terms of lower costs for completing business transactions and increased convenience.
For more information on eDoorways InternationalCorporation and/or the "eDoorways 2.0 platform," please visit our website at www.eDoorways.com or e-mail a package request to Jeffrey@HeritageCorporateServices.com. You can also make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter(http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities ReformAct of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.
Contact:
Heritage Corporate Services, Inc.
Jeffrey Staller, President
(561) 210-5675
Jeffrey@HeritageCorporateServices.com
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
