Norbert Stangl established Firstgate Internet AG in 1999, and started out with just three employees. They launched the internet payment system ClickandBuy in Germany in 2000. ClickandBuy is a full service solution for internet purchases and billing. After a promising start, ClickandBuy is now also available in the US, all over Europe, and in Asia.
At the start of 2007 a company called Intel Capital invested funds into ClickandBuy that ensured an international partnership between the two firms. This partnership has strengthened ClickandBuy’s rapid global expansion into new markets.
In 2006 ClickandBuy had another two large investments. Firstly, an international venture capital fund called 3i invested twenty million euro to take part in a venture with them. Secondly T-Online Venture Fund made a ten percent investment in the company. Their T-Online partnership will allow them to make its telecommunications offerings very attractive.
After you register with ClickandBuy, you can make secure payments at more than fourteen thousand merchants around the globe. Among these affiliates are: Skype, Apple iTunes, AOL, Electronic Arts (EA), MSN, meetic, Tiscali, PARSHIP, SanDisk, Nero, T-Online, ARCOR, Yamaha, and Codemasters.
How does ClickandBuy Work?
To use this system, you choose your credit card or bank account for direct debit option as your payment method.
You can easily register more than one credit card with your personal ClickandBuy account. You can choose any valid payment method in your ClickandBuy account by selecting it in the ‘Settings’ area that you will find under the area called ‘payment method’. In the ‘Credit cards’ area, click on the ‘Add’ section and follow the simple instructions that you will see on your screen.
If you are worried about supplying them with your credit card info, please note that ClickandBuy is certified under the very strict guidelines that are stipulated by the BSI, also known as the German Federal Office for Information Security. This means that your information will be safe.
When you choose the direct debit payment method, you give ClickandBuy permission to withdraw your funds from your own bank account. This is probably the easiest way to transfer funds online. When you register your account you can provide them with your bank account info and choose the direct debit option.
You can also first register your credit card and later switch to direct debit with no hassles. Just enter your bank account details as your 2nd payment method when you open your ClickandBuy account. Then you can also choose which of these will be your preferred payment method.
ClickandBuy Pros and Cons
There are many pros to using ClickandBuy including once off and free internet registration and instant access to 14,000 merchants. Their customer service is open every day of the week and you can get a real time overview of purchases.
As far as cons go, I have seen some negative reviews about the company, but have not investigated thoroughly enough to be able to say whether they were at fault. ClickandBuy is also not available for US clients who wish to fund their online casino account.
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