France Telecom launched an ecommerce service called Telecommerce last Thursday, aimed at small and medium-sized French businesses.
The French telco will manage the ecommerce process for retailers. When a customer clicks 'buy' on a site they will be connected to Telecommerce. The service uses software form US Internet commerce vendor, Open Market.
France Telecom will also handle encrypted credit card transactions with banks. Retailers pay a connection fee of $330 and a $160 per month subscription fee. However, a 50 per cent discount is on offer until the end of the year.
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