Magazine article Information Today

Banc One and RoweCom Announce Automated Purchase and Sales Network for Information Industry

Magazine article Information Today

Banc One and RoweCom Announce Automated Purchase and Sales Network for Information Industry

Article excerpt

Banc One Corporation, one of the top 10 banks in the U.S., and RoweCom, Inc., a leading service provider to libraries and research institutions, have announced Subscribe96, an automated order, payment, and claim system for libraries and publishers.

Subscribe96, operating with a PC linked to the Internet, enables magazine and journal subscribers to order and renew their subscriptions online with substantial savings in time, labor, and money. Using a secure communications technology and advanced Web server technology, Banc One will automatically process subscription orders including debiting the buyer's bank account and crediting the seller's bank account.

The Library Edition and the Publisher Edition of Subscribe 95 "handshake" over the Internet and maintain a permanent record of all transactions. "This innovative approach to subscription ordering provides publishers, for the first time, a point-of-sale that connects them with their customers in real time," said Richard R. Rowe, president and CEO of RoweCom. "Not only does Subscribe96 reduce the cost of processing subscriptions for both libraries and publishers, it provides them with easy-to-use and efficient tools for communicating with each other. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.