Feeds

CWC in eCHARGE for online payment

Sounds great, but will it work?

  • alert
  • submit to reddit

Build a business case: developing custom apps

Paying for low-cost items on the internet could be made as simple as settling your phone bill if a scheme launched yesterday by Cable & Wireless and Seattle-based eCHARGE catches on in the UK. The micropayment system means that users don't have to release credit card details to purchase low cost items or services such as news and information over the internet. Instead, the charges are simply added to their phone bills. eCHARGE works by allowing users to transfer automatically their local rate internet call connection to a higher tariff when they want to purchase goods or services. Once the transaction is completed, users can either return to their normal local charge rate or access another higher rate web site to buy something else. Already available in US, the UK is the first country in Europe to launch the product. If it catches on, then it could be used to pay for more substantial items such as CDs or books. And because phone bills are sent out quarterly, it means that consumers could receive up to three months credit on items although the telephone regulator is yet to rule on this. "This venture creates a completely new avenue for web commerce which will benefit consumers, service providers and telecoms companies," said Mark Heraghty of CWC. "It is an important step forward in developing consumer confidence in web commerce, creating new commercial opportunities, and for the first time generating revenue from internet transactions for both content and network providers," he said. No retailer has yet agreed to take part in eCHARGE. The launch of this new e-commerce comes days after DigiCash announced it was filing for Chapter 11 bankruptcy protection and the closure of a number of Mondex trials. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?