Coinz

Micro-Currency Solutions

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29th September 2009 - Charge2.net launches Global online currency Read...

Next generation secure billing company, Charge 2 Ltd, has announced the launch of its revolutionary new online micro-payment solution - Coinz. Boasting more than just a micro-payment mechanism, Coinz provides an online global currency, enables businesses to inspire customer loyalty and also provides users with the opportunity to earn Royalty Coinz for content contributions and redeem the Coinz for revenue.

Coinz provides online & digital businesses trading within the new media sector with a viable and effective payment solution to charge the new generation of micro-consumers for content, services or products. Any Coinz spent within the digital arena are able to be redeemed or exchanged by the respective Merchants for monthly revenue out-payments.

A Coinz user is provided with an individual secure account that can be dynamically charged using a variety of standard and widely acceptable payment methods such as credit/debit card, bank transfer, mobile recharge or PRS mechanisms. The Account converts and stores the value of money into Coinz and provides the user with a simple, consistent, secure and anonymous user experience across a multitude of digital businesses.

News and media are being consumed differently today and publishers are struggling with a vast reduction in circulation figures the conversion of their readers to an online, payment based alternative. With circulation & advertising revenue dramatically falling in the commercial sectors and an increased number of broadcasters offering online catch up TV, the demand for charging micro-payments is being heavily supported within the industry. The boom of “Tube” style websites has also contributed to the trend to micro-consume content and has been extremely detrimental to businesses trying to gain equivalent revenue through pay-as-you-go and subscription based services. Coinz aim is to facilitate the “Billing of the Un-billable” by bridging the revenue gap between the online Premium and Free market sectors, which to date have so far remained elusive or at best difficult to capture.

There is no doubt that a micro-payment method is required to boost this falling media economy and the Coinz payment mechanism offers such a solution.

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For more information please contact:

T: +44 (0)844 561 6415
E: email
W: www.coinz.net

Notes to editors:
Charge2.net is a new age billing solutions company based in the UK with a solid pedigree. The company’s billing solutions have been developed by the same management team that founded The NetInvest Corporation and Netbanx in June 1996. Netbanx was the UK’s first independent secure Internet transaction processing company. As a payment solutions provider (PSP) it operated as a secure card-not-present provider used by thousands of merchants to process their payments using its proprietary technology in conjunction with all UK Clearing Banks. Following the sale of Net Invest and Netbanx in October 2005 the new group has now developed innovative billing solutions to target the new age Content consumer.

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If you have any queries, please call Coinz on +44 (0)844 561 6415.

T. +44 (0)844 561 6415
E. hello@coinz.net

Charge 2 Limited,
Innovation House
Station Court
Station Road
Great Shelford
Cambridge
CB22 5NE
United Kingdom