E-com payment system by lov!it covers all in one

Goetzis, Austria (ots) - Lov!it - a unique reversed market platform for e- commerce shops and blogs - is now offering also credit card, direct debit and PayPal payments. With these new products Lov!it continues its internationalisation strategy. Lov!it now offers all important payment options and is able to substitute old fashioned payment service providers. Additional services are dunning, taxation in over 15 countries all over Europe, costumer care and- through a partnership with net m privatbank 1891 Est. - the online merchant gets the money within 7 days after selling the goods.

Lov!it is the first reversed market place in Europe and is focussing on international merchants or merchants with an internationalisation strategy. Lov!it makes payment service providers and contracts with dunning services unnecessary, no matter in which country the merchant wants to sell its products. Dr Marcel Vaschauner, CEO explains the biggest advantages of Lov!it: "Lov!it makes the world for the e-com merchant easier and less complex. With lov!it, you cover all problems around payment, taxation, financing and dunning with ONE contract - this is simple, convenient and much cheaper than before". Christoph Boeckle, CEO of net m privatbank 1891 Est. amends: "We are very happy that Lov!it has chosen net m privatbank 1891 Est. as major partner for the growth strategy and we are sure, that Lov!it will change the payment and online business permanently".

Lov!it´s estimated turnover 2012 is around 20 mn EURO´s after 7.2 mn in 2011. For 2013 Dr Marcel Vaschauner´s forecast is 44 mn EURO´s. These numbers confirm the potential of the company and the business model.

About lov!it

Lov!it (www.loviit.com ) is a brand of fine trade gmbh, an Austrian based trading company focussing on the internet market. Lov!it is a full service fulfilment company, which covers payments, dunning, costumer care and financing with one contract and one face to the merchant - easy and convenient. With this unique business models loviit is integrating the whole value chain which makes it much more efficient and cheaper for the merchant. Fine trade gmbh was founded by the business incubator three little birds Est- (www.threelittlebirds-ag.com ).


Dr. Marcel Vaschauner
Neuburgstr 6b
6840 Goetzis Austria
Tel.: +43-5523-209020

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