CyberCash a buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CyberCash a buy?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fut_trade who wrote (1778)	7/21/1998 9:46:00 AM
From: p friend	Read Replies (1) of 3990

I believe ETrade uses VirtualPay from First Virtual to transfer money in from customer banks. They let customers transfer in up to $10,000 per day. How does this fit in with Cybercash? How can Cybercash pick this up and do it so quickly. The Press Release says: "Under the terms of the preliminary agreement, CyberCash will provide its premier Internet payment solution to over 2,000 merchants who previously used the First Virtual Internet Payment System (IPS). In exchange, First Virtual's best-of-breed Interactive Messaging Platform (IMP) will be Cybercash's preferred solution for interactive messaging. Although First Virtual was one of the early entrants to the Internet payment service business a few years ago, the company will exit that business to focus on its successful messaging technology services. Before First Virtual ceases its IPS operations in August, all 2000+ merchants and 60,000+ active buyers of the First Virtual IPS will be encouraged to deploy CyberCash's payment technologies and services. Does this mean that Cybercash will be processing for ETrade transfers by August?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next