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The Coca-Cola Company Message Board

  • toikeoike toikeoike Apr 26, 1998 11:31 AM Flag

    Does KO use CyberCash ?

    Does the KO web site use the CyberCash payment system?

    Here's a post from the CyberCash board:
    CYCH on Nasdaq

    "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.

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