Soft cash

Citation

(2001), "Soft cash", Work Study, Vol. 50 No. 1. https://doi.org/10.1108/ws.2001.07950aab.004

Soft cash

Soft cash

European payment preferences tend not to include credit cards. In addition, consumer reservations about security and privacy issues associated with credit cards have inhibited growth of Internet purchasing. Growing consumer demand for secure, private and easy-to-use Internet payment options fuelled the Deutsche Bank 24 decision to boost consumer and merchant adoption of eCash Technologies products. Deutsche Bank 24 provides access to payments enabled by the eCash payment engine free of charge to all banked households in Germany. New features include mobile access through cell phones and PDAs, payments at physical retail locations, new user interfaces and enhanced merchant administration and settlement. Deutsche Bank 24 has added many new merchant venues for Internet shoppers in Germany over the last few months. Visit www.ecash.de to see the current merchant line up. eCash Technologies, Inc. provides software solutions that seamlessly extend physical-world payment methods into the virtual world. The payment engine supports a variety of electronic payment methods, including person-to-person (P2P), business-to-consumer (B2C), business-to-business (B2B), debit, prepaid and mobile. The eCash Technologies payment engine also enables merchant-specific payment methods, including electronic gift certificates and customer-loyalty points.