Sigma Micro to Offer PayPal (R) for Ecommerce Payment Options

INDIANAPOLIS, Sept. 15 /PRNewswire/ -- Sigma Micro, the only software and solutions provider committed exclusively to direct retailers, announced today its partnership with PayPal, one of the fastest-growing alternative payment methods for online shoppers. As a result, Sigma Micro has integrated PayPal with SigmaCommerce, its end-to-end ecommerce and order management solution. PayPal payment method and payment processing is available with SigmaCommerce v 4.3.

"We are pleased to bring PayPal to mid-sized specialty retailers utilizing Sigma Micro's SigmaCommerce On Demand application," said Eddie Davis, senior director of channel sales at PayPal. "Sigma Micro's customer base represents one of the fastest growing segments of direct retail. Together, we provide merchants with the products and services they need to be successful and deliver on the needs of their customers."

According to a 2007 nationwide consumer study by Javelin Strategy & Research, online transactions will more-than double by 2012, from $150.4 billion to $355.2 billion. Alternative online payment methods such as PayPal will also continue to grow in popularity, doubling from 14% to 30% of all online transactions in the same time period.

Sigma Micro president Matt Konkle is clear about the advantages of Sigma Micro's partnership with PayPal. "Midsize retailers spend over half of their online marketing dollars to attract new customers but are still struggling to improve check-out conversion. PayPal provides a proven way to offer shoppers greater confidence, choice and convenience," he said. "With over 63 million active accounts worldwide, PayPal provides online retailers with a loyal segment of buyers who actively shop online and prefer to pay with PayPal."

SigmaCommerce is an On Demand .Net 3.0 application. Along with its cost-effective delivery model, Sigma Micro provides full hosting for Web stores built within the application. For additional information or to schedule a software demonstration, please contact Kelli B Schmith.

About Sigma Micro

For over 26 years, Sigma Micro has been the backbone of successful direct retail businesses. Its fully integrated ecommerce and order management software, SigmaCommerce, includes powerful tools for managing ecommerce, call center, point-of-sale, warehouse, merchandising, marketing and financial management from a single database. Sigma Micro is the only software company to offer mid-tier direct retailers with next-generation software along with premier professional services and complete outsourced fulfillment services. Sigma Micro is a privately held company headquartered in Indianapolis, Indiana, with development centers in Chandigarh and Kochi, India. Sigma Micro's R&D, services, and hosting facilities are located in Indianapolis. www.sigma-micro.com

About PayPal

PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay without sharing financial information and gives consumers the flexibility to pay in any way they prefer, including through account balances, bank accounts, or credit cards. With more than 63 million active accounts in 190 markets and 19 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company (Nasdaq: EBAY). More information about the company can be found at https://www.paypal.com.

    Contact Information
    Kelli Schmith - VP Marketing
    Sigma Micro, LLC.
    Phone: 317-713-8619
    Email: kbschmith@sigma-micro.com

SOURCE Sigma Micro