Location: 577 Second Street, Suite 200, San Francisco, Calif. 94611

Telephone: (415) 547-2700

Web: www.ipin.com

The technology: Internet micropayments

Why it's worth watching: Appends charges to existing customer bills, like ISP fees and wireless phone bills

Company officers: Jim Justice, founder and chief adviser Bradley Rode, CEO Alexandre Gonthier, chief technology officer and vice president of product development

Employees: 50; increasing 100% per year

Milestones: 1998: Founded Fall 1999: Global payment system debuted

Burn money: Accel Partners, Sutter Hill Ventures, Gil Amelio, Geneva Venture Partners

Products: E-Content Payment System

Customers: EMusic.com Inc., ArtistDirect Inc., The Orchard LLC, Mjuice.com, The Digital Music Co.

Partners: FlashNet Communications, GRIC Communications Inc., AT&T Corp.

Red flags for IT: Few ISPs and other billing services have signed on. Plus, marketing efforts are split between ISPs and merchants. There's a four-year history of consumers snubbing micropayment schemes. Is anyone besides music sites interested?

Download U.S. Census data on IT workers
View Comments
You Might Like
Join the discussion
Be the first to comment on this article. Our Commenting Policies