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ConSyGen Develops Mobile Payment Solution

Mar 7, 2000

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.

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