Barely a week after its launch, CyberCash has landed a ringing endorsement for its CyberCoin service.
Netscape is to use CyberCash's 'electronic wallet' to enable users to make purchases of between 25 cents and $10 on the Internet. Under the arrangement, which will take effect early next year, the CyberCoin service will be included on a new version of the Navigator browser.
The companies said they were also considering the use of some of CyberCash's other products, designed for larger transactions, in future Netscape products.
CyberCash's forthcoming electronic cheque service is likely to be among these.
"The distribution Netscape allows means many, many more transactions than we would have had otherwise," said Denis Yaro, executive vice president of CyberCash.
The agreement is non-exclusive, with Netscape stressing it is free to include other on-line payment transaction services on its browser. Equally, CyberCash's Yaro said his firm was looking to approach Microsoft to strike a similar deal for Internet Explorer.
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