Posts Tagged ‘one-click’

New Web Payment System That Uses Social Media Being Tested

Monday, April 2nd, 2012

A start-up company in Belgium is testing a new payment system that would use Facebook and Twitter. The system, called Paycento, would allow for small payments to be made for items such as single articles on newspaper web sites or songs with a single click. The idea was founded on the knowledge that most surfers are logged into social media sites as they surf, and that an easy-to-use online payment system was needed. Users can link Paycento to their LinkedIn, Facebook and Twitter accounts and then make their small online purchases in the same amount of time it would take to post a comment or article on their social media accounts. And newspaper publishers would certainly benefit, as they would be able to make money from their posted articles without requiring users to pay for a full subscription.