Jeremy Kagan, eBIZ.mobility's CEO noted that the patent-pending Federated Payment technology behind the OneTouch system offers banks several key financial benefits. "Our technology will allow Bankinter to process payments for digital content without the effort and expense of acquiring merchants. Not only that, but because customers can choose to charge their bank accounts directly using OneTouch, the bank will keep funds that may have previously been transferred to other online payment options such as PayPal," said Mr. Kagan. Bankinter is slated to begin deploying OneTouch Online Purchasing immediately.