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Qpass

 
Computer Desktop Encyclopedia: Qpass
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(Qpass Inc., Seattle, WA, www.qpass.com) A software provider that specializes in managing the full cycle of activities for business systems and value-added data services for wireless carriers and network operators. Its offering includes content partner relationships, authentication, transaction management, access control, billing, settlement and customer care.

Founded in 1997, Qpass started out as a Web payment service in which the Qpass servers contained the digital wallet information necessary to complete purchases. It was the first company to host a full e-commerce system shared by participating merchants that appeared to be part of the merchant's own site. In late 2004, the company acquired Dublin-based Altamedius, a well known European payment provider, in order to be able to offer this service to its mobile commerce clientele. See Web payment service.

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Wikipedia: Qpass
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Qpass of Seattle, WA[1] was a technology company that specialized in providing the infrastructure for electronic payments. Examples are selling products through mobile phones, digital television and for billing services for Voice over IP products.

Prior to the dot-com boom Qpass handled billing of small web purchases such as buying an archived article from the New York Times website. The company nearly collapsed[2] with the dot-com bust and re-invented itself as a company that works for providers in the mobile sector where premium content is still seen as a viable market.

Qpass was launched in 1997 and raised about $100m in funding. It was held privately by a mixture of venture capitalist firms before it was acquired in 2006 by Amdocs. The company says that it serves 175m mobile phone consumers and has conducted over $1bn in business, but does not publish formal accounts.

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