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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?

To: bundashus who wrote (1255)	4/28/1998 11:37:00 AM
From: AugustWest	Respond to of 3990

Cybercash GmbH's Payment System Integrated Into Corporate Interactive AG'S New Internet Technology interact! 2.0 April 28, 1998 -------------------------------------------------------------------------------- HANOVER, Germany, April 27 /PRNewswire/ via NewsEdge Corporation -- The hi-tech company COIN Corporate Interactive AG ( coin.de ) reached another important milestone at this year's CeBIT (Hanover Media Trade Fair). Together with CyberCash GmbH, Frankfurt a.M. ( cybercash.de ), it has been agreed that the Internet payment system of the same name will be implemented within the interact! 2.0 technology. Thus, Internet trading becomes reality. Corporate Interactive will implement CyberCash -- already functioning in a pilot project of Germany's Dresdner Bank -- within the industry-specific solutions interact!/publish 2.0 and interact!/shopping 2.0. Both these solutions, based on the transaction-oriented interact! 2.0 technology, are aimed at reliable, high-value transfer of editorial and business processes within the Internet, Intranet, and Extranet. For example, interact!/publish 2.0 -- particularly appropriate for use in publishing houses and media companies -- enables micro payments via CyberCash in order to use content and services. Small amounts of money can be transferred efficiently in this way for data base research in on-line archives, for example -- and can be paid without delay. Impeccable, uncomplicated processing is assured through the user administration of interact! solutions. Interact!/shopping 2.0, developed for catalogue and other shopping applications, will use the CyberCash in providing fast and uncomplicated payment processing. Secure payment is assured for customers and providers without additional procedures involving signature transfers or direct debit authority. CyberCash makes easy and convenient payment transactions possible on the Internet. Its particular focus is on security -- no-problem flow of transaction payments is assured through coding algorithms which are recognized world-wide. All sections of the three main applied software systems and all transactions are protected by crypto-technology. Sensitive data (for example card numbers) is not transmitted to third parties -- the user data is held on one's own PC and is not stored centrally. And using it is easy; payments are made very quickly via very few user initiatives. Amongst the choices for payment methods are electronic coins (CyberCoins), an electronic direct debiting system, and SET credit cards. ots Original Text Service: COIN Corporate Interactive AG Internet: newsaktuell.de SOURCE COIN Corporate Interactive AG /CONTACT: Jens Mewes of COIN Corporate Interactive AG, +49-511-94-26-59-0, or fax +49-511-94-26-59-29, or jm@coin.de coin.de /Web site: coin.de cybercash.de newsaktuell.de [Copyright 1998, PR Newswire]