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Onspeed

11th April 2005: Onspeed
OnSpeed to offer Pay Pal as an additional method of online payment


OnSpeed, the brand leader in Internet acceleration has introduced Pay Pal as an additional online payment method. Pay Pal is an Internet payment service, which allows the transfer of money between email users, avoiding traditional paper methods and money orders. It enables anyone with an email address to send and receive online payments safely and quickly. It is available in 45 countries and 5 currencies. OnSpeed continues to offer its existing secure payment scheme using credit and debit cards.

OnSpeed allows users to browse the web, and send and receive emails up to 10 times faster, without the need for additional hardware. It can be used with any Internet connection, anywhere in the world.

“We have realised that not every potential OnSpeed customer feels comfortable paying with credit card. We are thus delighted to offer our customers an additional easy and safe way to pay for our service. In the light of recent expansions of the OnSpeed service into many new countries, it is vital for our customers to have the ability to buy OnSpeed with as much ease, security and peace of mind as possible. With the combination of our existing payment system and the additional option of Pay Pal we feel we have achieved just that,” says Jamie True, co-founder of OnSpeed, “I am sure our customers will appreciate being offered this popular online payment method.”

OnSpeed has so far been downloaded by over 250,000 customers in the UK alone, turning its London-based parent company Z Group plc into one of the fastest growing technology companies overnight. Demand in the UK alone has built to nearly 50,000 customers downloading the software every month.

About OnSpeed

OnSpeed is a privately owned technology company that delivers on the need to increase the speed of Internet access by offering a unique compression service. Using a 9 patented compression technology, OnSpeed is the fastest internet acceleration software on the market and instantly enables any PC or Mac user to browse and use email at near broadband speeds. The company’s customers are primarily end consumers and top-tier ISPs, including BT, the UK’s largest Telco with over 20 million fixed lines, DSL and dial-up.

[Onspeed]

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