Word: digicash
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Dates: during 2000-2009
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...Admittedly, the Internet is littered with failed micropayment companies. If you remember Flooz, Beenz, CyberCash, Bitpass, Peppercoin and DigiCash, it's probably because you lost money investing in them. Many tracts and blog entries have been written about how the concept can't work because of bad tech or mental transaction costs...
...commerce research firm Jupiter Communications. "It's just not economical for online merchants to sell things that cost less than $10 or $20." Early attempts to create a practical alternative to credit cards for conducting financial transactions online have been slow to gain consumer confidence. One such initiative, DigiCash, filed for bankruptcy in 1998, and others have just given...
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