DOW JONES INTERACTIVE SELLS FULL TEXT CONTENT ONLINE.
Factiva, a Dow Jones & Reuters company, joins other industry-leading information providers and Web sites such as The Wall Street Journal Interactive Edition, The New York Times on the Web, Forbes.com, Corbis, Los Angeles Times and Morningstar in selecting the Qpass digital commerce transaction platform for the sale of premium digital content and services.
The Dow Jones Interactive Publications Library provides full-text current articles and historical articles published over the last 30 years. The archive includes reporting from Dow Jones and Reuters journalists around the world, plus articles from newspapers, newswires, magazines, trade journals and media transcripts. Dow Jones Interactive is the only one-stop online source for daily full-text content from The Wall Street Journal, The New York Times, Los Angeles Times and The Washington Post.
The Qpass end-to-end digital commerce infrastructure provides Factiva with a fully outsourced solution for transaction processing, customer registration and customer care functions to support direct digital content sales from its Publication Library via the Internet. In addition, it gives Factiva the tools and flexibility to price, package, distribute and promote digital commerce sales directly through Factiva.com and its affiliated sites. These sites include MSNBC.com, Data Broadcasting Corporation's eSignal, and two sites operated by Dow Jones & Company: wsj.com and dowjones.com.
"Factiva is an incredibly forward-looking company that early on recognized the intrinsic value of its digital content," said Chase Franklin, co-founder and CEO of Seattle-based Qpass. "The company needed a global digital commerce solution to extend access to its Publications Library from multiple affiliate sites. What we're delivering is a reliable, scalable and flexible sell-anywhere solution that meets those needs -- from pricing and billing to real-time reporting and taxation -- and that will allow Factiva to expand its audience and recognize new revenue streams almost immediately."
"Qpass has emerged as a clear leader in helping information companies move quickly to implement a digital commerce solution," said Clare Hart, president and CEO of Factiva. "Factiva has a proven track record of reaching businesspeople at their corporate desktops with relevant and reliable global news and business information. Qpass met our need for a digital commerce infrastructure that would expand our reach to individual business consumers on the Web."
About Qpass (www.qpass.com)
Qpass, the leader in digital commerce services, is revolutionizing the market for premium content and services online. With more than a quarter of a million registered users, Qpass has the largest customer base of any micropayments solution on the Internet. Through its flagship Digital Commerce Service, the industry's only end-to-end transaction platform for the marketing, sale and distribution of premium content and services, Qpass provides the building blocks for next-generation digital commerce. Today, Qpass provides the d-commerce infrastructure for some of the most influential publishers and information providers on the Web, including The New York Times, The Wall Street Journal Interactive Edition, Los Angeles Times, Forbes.com, Corbis and Factiva, a Dow Jones & Reuters Company. The company also developed and markets the Qpass digital PowerWallet, to improve the security and simplicity of consumer purchases online. Founded in 1997, Qpass is headquartered in Seattle, Wash.
For more information, call 206/695-8627.
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|Publication:||Online Product News|
|Date:||Jul 1, 2000|
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