InfoSpace Launches Wireless Payment Processing Service - InfoSpace Inc - Brief Article

Wireless Internet, May, 2001

InfoSpace announced the launch of a new mobile commerce service that enables merchants to process transactions anytime anywhere via almost any Internet-enabled personal digital assistant. InfoSpace's wireless payment processing platform, PocketAuthorize.net, allows credit cards to be authorized, charged, or credited without using a traditional card swipe terminal or PC with a fixed line connection.

This announcement underscores InfoSpace's commitment to providing merchants with all of the tools necessary to market, promote, and sell their products and services to consumers over any device. Merchants now have the freedom and flexibility to instantly process transactions on the spot with a handheld device, particularly useful for business with mobile sales forces or any business that has a need to get close to their customers.