Intel to invest in ClickandBuy

The deal, announced on Wednesday, will help fund ClickandBuy’s global expansion into Asia and Latin America and will strengthen it against competitors, the companies said. Intel Capital is the investment arm of Intel Corp. Around 7,000 merchants use ClickandBuy’s payment system that can handle many different currencies, various tax schemes, credit card processing and live customer care. The system also features fraud prevention to protect customers and merchants against Internet fraud.