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CrystalTech partners with PayPal

CrystalTech partners with PayPal
November 25
06:07 2008

Web Hosting NewsPhoenix, Arizona – CrystalTech Web Hosting, the web hosting division of Newtek Technology Services, a Newtek Business Services, Inc. company (NASDAQ: NEWT), today announced it has partnered with online payment service provider PayPal to broaden its ecommerce product and service offering. CrystalTech is a leading provider of web hosting solutions to the small and medium-sized business market.

The partnership, which enables CrystalTech to integrate PayPal services within its ecommerce toolset for customers, will provide businesses easier access to sign up and implement PayPal as a payment option on their websites.

“We’re thrilled to be able to provide our customers with a convenient way to implement PayPal services,” said Bob Cichon, president and chief operating officer of Newtek Technology Services. “Millions of PayPal customers worldwide enjoy the security and convenience of not having to enter in credit card information when shopping online. Our customers can now leverage PayPal’s built-in convenience and customer base to boost sales and increase checkout conversion.”

CrystalTech’s partnership with PayPal is only one of several key moves the company has made in recent months to enhance its ecommerce offering, including the release of the Newtek Shopping Cart, a powerful shopping cart and website builder application, which can easily be integrated with PayPal Express Checkout.

“As a division of Newtek, CrystalTech is in the unique position to offer a completely in-house, one-stop ecommerce solution to businesses,” added Cichon. “From top to bottom, we’re providing businesses with world-class hosting, several shopping cart solutions, including our own, easy-to-setup Newtek Shopping Cart, traditional credit card payment processing, and now integrated access to setup PayPal. We’ve made it our priority to help businesses get online without the hassle of pulling each of these components from different sources.”

For more information about using PayPal services at CrystalTech, please visit http://www.crystaltech.com.

About Newtek Technology Services
A wholly owned subsidiary of Newtek Business Services, Inc. (NASDAQ: NEWT), Newtek Technology Services is a premier provider of web technology solutions to the small- to medium-sized business market, providing services to customers in over 100 countries, ranging from small businesses to Fortune 100 corporations.

Newtek’s Technology service lines include:
CrystalTech Web Hosting, Inc.: An industry leading provider of Microsoft Windows web hosting since 1997, CrystalTech offers shared, dedicated, and VPS hosting plans, along with domain registrations, SSL certificates, and online shopping cart tools.
Web Services: Customized web design and development services.
Data Backup, Storage, and Retrieval: Fast, secure, off-site data backup, storage and retrieval solutions designed to meet the specific regulatory and compliance needs of any business.

For more information about Newtek Technology Services and CrystalTech, please contact 877-323-4678, or visit http://www.crystaltech.com.

About Newtek Business Services, Inc.
Newtek Business Services, Inc. is a direct distributor of a wide range of business services and financial products to the small- to medium-sized business market under the Newtek™ brand. Since 1999, Newtek has helped small- and medium-sized business owners realize their potential by providing them with the essential tools needed to manage and grow their businesses, and to compete effectively in today’s marketplace. Newtek provides one or more of its services to over 90,000 business accounts, and has positioned the Newtek™ brand as a one-stop-shop provider of business services to the small- and medium-sized business market. According to the U.S. Small Business Administration, there are over 26.8 million small businesses in the United States, which in total represent 99.7 percent of all employer firms.

Newtek’s business service lines include:

• Electronic Payment Processing: Electronic solutions to accept non-cash payments, including credit and debit cards, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs.
• Web Hosting: Full-service web host which offers shared and dedicated web hosting and related services including domain registration and online shopping cart tools.
• Business Lending: Broad array of lending products including SBA 7(a), conventional commercial real estate and SBA 504 loans, business lines of credit, and business credit cards.
• Insurance Services: Commercial and personal lines of insurance, including health and employee benefits in all 50 states, working with over 40 insurance carriers.
• Web Design and Development: Customized web design and development services.
• Data Backup, Storage and Retrieval: Fast, secure, off-site data backup, storage and retrieval designed to meet the specific regulatory and compliance needs of any business.
• Accounts Receivable Financing: Receivable purchasing and financing services.
• Payroll: Complete payroll management and processing services.

For more information, please visit http://www.newtekbusinessservices.com.

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