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New payment system from Aplettix removes need for credit cards for online purchases.

TELECOMWORLDWIRE-6 April 2001-New payment system from Aplettix removes need for credit cards for online purchases (C)1994-2001 M2 COMMUNICATIONS LTD http://www.m2.com

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 tww.feedback@m2.com))

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.PUB 430 >PD APRIL 6, 2001 >JN TELECOMWORLDWIRE .PRICEDATE NOT APPLICABLE .DAY

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Title Annotation:Company Business and Marketing
Comment:New payment system from Aplettix removes need for credit cards for online purchases.(Company Business and Marketing)
Publication:Telecomworldwire
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 6, 2001
Words:140
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