RealTime IT News

ConSyGen Develops Mobile Payment Solution

ConSyGen said it has developed a new Internet merchant software solution called "BizPay" that enables businesses to accept micro payments for e-commerce transactions conducted via mobile appliances.

ConSyGen's "BizPay" and "BizPay Mobile" software solutions (a component of ConSyGen's PrecisionCommerce software) provide a "full range of accounting, auditing, reconciliation and inventory controls" for merchants that want to accept both Web-based and wireless-based micro payments, the company said.

The company said it will introduce its seamless software product for e-commerce through partnerships and affiliates and follow it up by releasing its wireless software solution, "BizPay Mobile," which will be available for use on the Palm OS operating system.

"Mobile commerce, and its facilitation of these "micro" payments, is not only the next great frontier for commerce, it completes the entire Internet commerce equation," said John Roskelley, ConSyGen's vice president of business development. The company plans to introduce its merchant commerce solutions in the second quarter.

ConSyGen's other R&D projects include a Mobile Commerce Solutions portal using its proprietary search engine, "PrecisionSearch," scalable Linux compatible real-time micro-kernel operating system, a template-based "store builder" software package and a Mobile Commerce Internet Shopping Mall complete with risk analysis software for the merchants.