Internet Cash, Check , or Charge? 

One of the greatest benefits of being involved in e-commerce and Internet payments today is the innovation and creativity we can witness. Being part of the Internet revolution has its ups and downs. Yes, there are hackers and credit card information is stolen. But, at the same time, we are able to experience the wealth of creative and innovative payment methods that are literally popping up daily. On the Web we have our choice of paying by check, credit, debit, cyber-currencies, gift cards, e-mail gift certificates. . . the list goes on and on. Now we can add one more to the list—Internet Cash.

InternetCash Corp., is a start-up that provides an alternative to using credit cards for online purchases. In fact, consumers do not have to provide any identifying information, not even a name or e-mail address. InternetCash provides an easy payment mechanism for micropayments, with a transaction minimum as low as 50 cents. InternetCash cards are available for purchase from brick and mortar retailers in California, Connecticut, New York, Ohio, Pennsylvania, and Vermont and can be used at more than 60 online merchant sites including DrugEmporium.com, Overstock.com, House of Blues.com, Shades.com, ArtistDirect.com, CDStreet.com, and TWEC.com the online hub of Trans World Entertainment’s brick and mortar retail stores including Coconuts, Record Town, and Camelot Music.

“InternetCash offers an alternative to those who don’t have credit cards, to teenagers, and to those fearful of Internet security,” said Charles Doherty, president, CEO and co-founder of Internet.cash.com. “To satisfy consumer demand, we continue to add new retailers each day and expect to have over 6,000 retail outlets distributing InternetCash cards by September.”

InternetCash works similar to a pre-paid phone card. A consumer visits either www.internetcash.com or a participating retailer to purchase an InternetCash card. They then activate the card at www.internetcash.com and begin shopping online. At no time are consumers required to provide any personal information, such as name or e-mail address.

InternetCash.com was founded as a financial technology company in February 1999. The privately-owned, New York-based company has received funding of over $10 million. Investors include D. James Bidzos, co-founder and chairman of the board of VeriSign and Daniel Lynch, co-founder and chairman of the board of CyberCash. For additional information, visit the company on the Web.

Back | Next

© Copyright 1995-2000 
The Green Sheet, Inc.