Electronic currency also can call as e-money, electronic cash, electronic money, digital money, digital cash or digital currency. It refers to money or scrip which is exchanged only electronically and this also involves use of computer networks, the internet and digital stored value systems. The examples of electronic currency are Electronic Funds Transfer (EFT) and direct deposit.
E-Micropayments are small online payments, typically under US $10.
The following are companies with e-micropayment products:
1. Bit Pass (bitpass.com)
2. Pay stone (paystone.com)
3. Pay Loadz (payloadz.com)
4. Peppercoin (peppercoin.com)
Bitpass was one of the online payment system for digital content and services. It was founded in December, 2002 and the co-founder was Kurt Huang. Besides, it also partnered with major technology and financial services companies such as Microsoft, PayPal, the Royal Bank of Scotland and First Data.
Bit Pass system works similarly to a pre-paid telephone card: you sign up for the service and put money into your account using a credit card or PayPal, which gives you credit towards the purchase of content.
On January 19th, 2007 Bitpass announced that they were shutting down due to "circumstances beyond our control," CEO Matthew Graves wrote in an e-mail to customers., and operations officially closed on January 26th, 2007.
E-Micropayments are small online payments, typically under US $10.
The following are companies with e-micropayment products:
1. Bit Pass (bitpass.com)
2. Pay stone (paystone.com)
3. Pay Loadz (payloadz.com)
4. Peppercoin (peppercoin.com)
Bitpass was one of the online payment system for digital content and services. It was founded in December, 2002 and the co-founder was Kurt Huang. Besides, it also partnered with major technology and financial services companies such as Microsoft, PayPal, the Royal Bank of Scotland and First Data.
Bit Pass system works similarly to a pre-paid telephone card: you sign up for the service and put money into your account using a credit card or PayPal, which gives you credit towards the purchase of content.
On January 19th, 2007 Bitpass announced that they were shutting down due to "circumstances beyond our control," CEO Matthew Graves wrote in an e-mail to customers., and operations officially closed on January 26th, 2007.
1 comment:
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