ClickandBuy Signs Digital Music Stores

With a consumer base of seven million users worldwide, merchants instantly gain access to new markets, giving them the ability to expand their own market share. By aggregating transactions for merchants, ClickandBuy is able to help digital music companies save up to 50% on each transaction. ClickandBuy also ensures secure transactions and multicurrency capabilities for many different types of currencies.

ClickandBuy is more than a payment processor. Merchants outsource all or part of their eCommerce activities to ClickandBuy, who not only manages the payment process, but also offers live customer support for consumers, credit card fraud detection, monthly invoicing and easy implementation of various payment methods. ClickandBuy processes, handles and manages digital content for games, songs, movies, streaming video, podcasts, VoIP calls, television, publishing and mobile devices.

“Small and growing businesses in the digital media industry need a company such as ours to ensure safe and secure transactions. Most smaller merchants don’t have an internal IT department for eCommerce and this is where ClickandBuy can help,” said Fabian G. Siegel, CTO of ClickandBuy.

More details about the merchants

• Icarus Digital, based in Philadelphia, is a subscription-based service that chose ClickandBuy for its ability to create many payment methods. Users get to choose between a monthly or yearly plan and get access to an entire inventory of music.
• Gambit Music Group, based in Nashville, is an independent rock record label that was formed to nurture artist development, and to build long-term profitable relationships with their artists.
• Beatrecords offers listeners the ability to buy digital music from independent San Francisco-based musicians.

Many brand names utilize ClickandBuy for digital payments, including Apple iTunes, Skype, Electronic Arts’ EA Link, Univision, iVillage and SanDisk. This past year the company received $23 million in venture funding, and Deutsche Telekom bought a 10 percent stake in ClickandBuy in August 2006.