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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.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2001 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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