Ecommerce Journal - Noca Payment System: free transaction is a reality? Jan 2008

Ecommerce Journal

Noca Payment System: free transaction is a reality?

January 24, 2008 - 3:19pm | author: ayny | News | Payment systems

We all know that everything should be paid, and we used to believe in inseparable things as online payment and commission. But ex-Visa employees want to rebut this widespread opinion and launch Noca startup which would eliminate transaction fees via bypassing the credit card companies and using its own online payment service.

Being a new but ambitious company that aims to facilitate online payments of all sizes Noca wants to begin with micro-payments. Facebook is a special tool of Noca particularly designed to proceed with micro-payments. In order to test the new model company has launched two applications - OneClickPay and HelpYourWorld.

Noca promises to provide strong and incentives support for its customers as well as the frequent-flyer miles, combined with ability to designate a part of their payment to a charity of choice. Moreover, company guarantees the service more simple and adequate than any other currently available on the market payment services.