"US Secr of Commerce predicts E Commerce to hit $ 300 Billion by 2003, and CyberCash controls about 70 - 80 % of the market. (CYCH receives a fee for every transaction). Some consumers are now refusing to spend money on a web site that does not use CyberCash software.
To understand the explosive growth of CyberCash, one needs only to invest in a cheap $5 dollar calculator:
Last Quarter, for the 3 months ended December 31, 1997, revenues shot up to $ 2, 005, 174. In one quarter.
This is an increase of +32.4 % from the last quarter, and a huge +3, 859 % increase year-to-year.
The Quarter before that, for the 3 months ended Sept 30, 1997, revenues shot up to $ 1, 514, 243.
This is an increase of +86.1 % from the previous quarter, and another huge jump of +3, 773 % year-to-year.