January 19, 2001, 12:00 AM

CyberCash High On Transactions

Electronic payment technologies and services provider CyberCash Inc. says that the company's Internet payment processing volumes passed 8 million transactions in February, tripling the number from the same month last year. Reston, Va.-based CyberCash also says that hrblock.com, the Web site of tax preparer H&R; Block, led the way among CyberCash's 20,000 Internet merchants with more than 1 million transactions processed in February. CyberCash doubled its merchant base in less than a year to the current 20,000, which also includes ReplayDVD.com and FatBrain.com. The company experienced a 110% increase in Internet revenues between 1998 and the end of 1999, it says. In February of last year, CyberCash processed 2.6 million transactions, it claims.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Will Devlin / E-Commerce

Three simple steps to reducing shopping cart abandonment

Payment options, a shopping cart that holds a customer’s items while she ponders the purchase ...

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

Advertisement