Noca is building a new online payment system to provide significantly reduced transaction processing rates for online shopping enabling efficient processing of micro-transactions for digital goods. Current payment systems have high fixed as well as variable costs and do not scale for online transactions. Noca’s system offers merchants virtually free transaction processing. For the consumers Noca is building a “consumer experience” and incentivization strategy which will allow consumers unprecedented choice in incentives and provide for a radically improved way to transact online. Identity theft will be a thing of the past.
Last updated 9 Jul 2010