Electronic currency

Electronic currency
Electronic currency (also known as e-money, electronic cash, electronic money, digital money, digital cash or digital currency) refers to money or scrip which is exchanged only electronically. Typically, this involves use of computer networks, the internet and digital stored value systems. Electronic Funds Transfer(EFT) and direct deposit are examples of electronic money. Also, it is a collective term for financial cryptography and technologies enabling it.

While electronic money has been an interesting problem for cryptography, the use of digital cash has been relatively low-scale. One rare success has been Hong Kong's Octopus card system, which started as a transit payment system and has grown into a widely used electronic cash system. Singapore also has an electronic money implementation for its public transportation system (commuter trains, bus, etc), which is very similar to Hong Kong's Octopus card and based on the same type of card (FeliCa). There are also one implementation is in the Netherlands, known as Chipknip.

Paystone
Founded in 2001, Paystone has operations in the United States, Canada and the Philippines with International cash out capabilities in many other countries.

Paystone provides an inexpensive online payment method without the risk of chargebacks from fraudulent credit card use. Paystone can efficiently handle small financial transactions (micropayments) as low as $0.25. The ability to process micropayments opens a whole new world for entrepreneurs of all sizes. A small business or individual now has a method of generating revenue from their website quickly, easily and inexpensively. This makes a whole new range of content available to personal account holders. The large online merchant can also realize the full benefits of the Paystone solution to expand and increase the profitability of their business.

In addition to payments Paystone also provides an email money transfer option. A Paystone account holder can send funds to the email address of anyone in many countries around the world. The recipient of the funds signs up for Paystone and can cash out the money to their local bank account. For companies sending a large volume of payments they can access our GroupPay© feature to send many individuals money all at once

Bitpass
BitPass, the easiest and most complete way to buy and sell premium content online, works with leading media publishers, communities, portals and content providers to multiply their return on content assets while maximizing distribution and generating a better return on every customer.

For merchants looking to monetize content for distribution on the Web, BitPass offers both modular and end-to-end solutions to combat digital piracy, enable subscriptions and pay-per-view access, effectively merchandise and reward consumers, facilitate single-click payments, and simplify content operations.

For Consumers, BitPass created the universal buyer account, which synergies with the merchant offering and provides proprietary features that make it easy to search for, buy and organize premium content in a single place.

Payloadz
PayLoadz, Inc. is located in the heart of New York City's Grammercy District at 23rd and Park Avenue. This close proximity to the legendary Silicon Alley gives us access to an impressive pool of talent, resources, and also reminds us of the lessons learned during the dot-com fallout.

Payloanz are a new media development firm specializing in providing solutions for merchants and the community of developers. Founded in 1996 as a web development company Superfreaker Studios has grown to become one of the forefront developers utilizing Macromedia development products.

The solution that Payloanz created here has been developed with the years of experience and intimate knowledge and familiarity with the PayPal payment system. It is simple enough for anyone to use and works seamlessly with PayPal account to enable to offer digital goods available for sale from web site or online auctions.