New payment system from Aplettix removes need for credit cards for online purchases

Internet Business News, April 6, 2001

INTERNET BUSINESS NEWS-(C)1995-2001 M2 COMMUNICATIONS LTD

Aplettix, a developer and marketer of secure e-commerce and m-commerce solutions has launched the Nexus-1 Internet payment system in the UK.

Nexus-1 is able to provide consumers with a method of carrying out online purchases without needing to input any credit card details. The solution works by providing a password that is inputted by the user whenever any credit card details are needed and a one-use-only credit card number is allocated for the transaction.

The service is now available through existing credit card issuers.

Pricing information has not yet been revealed.

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