Publication Date: December 15, 2009

We are pleased to announce the launch of the beta version of our innovative cloud service for accepting and processing internet payments — PAYSTO.COM. This project is the result of strategic collaboration and the development of a concept born in the heart of technological progress.

🇺🇸 2008: The Vision of Cloud Infrastructure

From April 22 to 25, 2008, the DIGILIFE team attended the influential Web 2.0 Expo conference in San Francisco, California. It was there that our concept was introduced: Internet Sales Cloud Infrastructure (ISCI7).

Our vision was to create a universal, accessible, and most importantly, cloud-based platform. We saw that e-commerce does not need complex and expensive proprietary IT infrastructure; it needs a service that takes on all the concerns of selling and receiving money. The ISCI7 platform was designed to be the first IaaS service (Infrastructure as a Service) for online commerce.

🤝 2009: The Launch of PAYSTO

By 2009, the ISCI7 concept had received the necessary development and funding:

• Technological Foundation: The ISCI7 platform became the core of the new service.
• Implementation: Together with partners from ULTRAWEB (Russia), we launched the beta version of the cloud service.
• Investments: The project received investment support from OnlineChange.com (France).
• Mentorship: Payment provider UNITELLER (Russia) acts as a mentor.

Thanks to this synergy, we are introducing PAYSTO.COM.

💡 Why PAYSTO? Our Philosophy Behind the Name

The name ISCI7 effectively reflected the complex technical essence of the project, but we needed a name that would be simple, memorable, and convey our philosophy of benefit for merchants.

We combined two words:

1. PAY (Pay): The key action in our service is payment processing.
2. STO (Technological Stack): This acronym stands for Stacking Technologies and Operations. The abbreviation signifies that we have technologically combined (stacked into a single "stack") key functions: receiving money from buyers, security (protection against fraudsters), sales analytics, and document management. As a result, you get not a set of separate programs, but one powerful and coherent system.

Thus, PAYSTO symbolizes a service that combines all payment operations (PAY) into a single technological stack (STO).

Most importantly, this name is wonderfully consonant with the English idiom: "It pays to..." (it's beneficial, it makes sense).

Our mission is simple: With PAYSTO, it's always profitable for you to accept payments. We provide not just a payment gateway, but a ready-made infrastructure that allows online stores to focus on sales, leaving all the technical and financial complexity to us.

We invite all merchants to join the beta testing and evaluate the benefits of cloud payments!