Ecount.com launched an eponymous, spendable
personal Web account service, designed to let people send, spend and receive
money online instantly and securely.
Using established financial services and Web infrastructures, Ecount enables
Internet users to conduct secure online transactions through pre-paid
personal accounts.
Based on a proprietary transaction platform, which also powers the company’s
first product, Webcertificate.com, the Ecount service “was developed to
enable all Internet users, including those unable or unwilling to use credit
cards, to transact online with unprecedented convenience and security,” the
company said.
Consumers who have an Ecount never have to give out their credit card online
again, the company said.
“Ecount will revolutionize the way consumers and businesses transact online
because it delivers exactly what they are looking for — privacy, security,
ease of use and access — to make cash transactions online instantly,” said
Matt Gillin, chief executive officer and co-founder of Ecount. ” In addition, Ecount will serve
as an efficient and cost-effective tool for businesses to acquire new
customers, and use the Internet as a way to make payments without cutting
checks.”
The Ecount service is free of charge. Accounts may be created at the Web
site, where consumers may add funds, send money to anyone via e-mail, request
and
receive payments from others, shop at any online merchant, or transfer
funds to a credit card account. Consumers can add funds instantly to an
Ecount from a credit card account.
Consumers can instantly spend the funds in their Accounts at any online
merchant that accepts credit cards, the company said, as Ecount leverages
established financial services infrastructures to assign valid pre-paid Web
accounts that work like credit card and require no special software or
downloads.
Founded in 1997 as C/Base, Ecount in 1998 launched its first product, Webcertificate.com, a gift
certificate that can be used at any online store.