‘c2it’ will be available to MSN network users
Published:
1 May 2001 y., Tuesday
Even as a slew of small online-payment ventures has fallen by the wayside, Citigroup Inc. has inked a new agreement with Microsoft Corp. that will give tens of millions of users of Microsoft’s Internet services easy access to sending money via e-mail.
UNDER THE TERMS of the agreement, Citigroup, the nation’s largest financial-services company, will offer its “c2it” online money-transfer system, branded with Microsoft’s MSN name, to users of the MSN network of Web services, including online auction and shopping services as well as the Hotmail free e-mail service. (MSNBC is a Microsoft-NBC joint venture.)
About 230 million users visit MSN monthly, the companies said. Many users will be preapproved to use the service to cut down on the hassle of extensive online application forms. The agreement also allows for Citigroup to advertise on Microsoft Internet services. Financial terms weren’t available. But Microsoft is aggressively going after advertising deals on MSN; just last week, it signed a five-year Internet-access pact with Qwest Communications International Inc. through which Qwest will spend $100 million on MSN advertising.
Šaltinis:
THE WALL STREET JOURNAL
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
On 22 of June this year, the board of the newly established company of AB Bank SNORAS - UAB “SNORO Media Investicijos” - made a decision to invest in the shares of UAB “Lietuvos rytas” and to acquire 34 per cent of the authorised capital of the company.
more »
The Banker's Exchange is joining forces with Chicago-based Intergam Logistics as part of a global expansion initiative into the ATM support market.
more »
Lisbon treaty and financial supervision dominate debate at EU summit.
more »
In the most sweeping financial reform proposal since the Great Depression, President Barack Obama unveiled plans to overhaul the U.S. financial regulatory system, saying the events that led to the U.S. financial crisis make the proposed changes necessary.
more »
Due to the rising concerns on a possible disruption of Russian gas supplies to Europe coming through Ukraine, the Commission has chaired a meeting of the Gas Coordination Group to assure a stronger EU coordination and to secure energy supplies to European citizens.
more »
Mexico signs an agreement with Google to help revive tourism at its historical sites, after the swine flu epidemic.
more »
The recession could hit working women harder than men, an EU study warns, underscoring persistent disparities between the sexes in the European labour market.
more »
The first 4 months of 2009 saw 25 percent more FBI background checks on prospective firearm buyers compared to the same period last year in US.
more »
AS “Latvijas Krājbanka”, managed by AB Bank SNORAS, was presented with the annual prize of Deutsche Bank AG, one of the largest European banks, for the excellent quality of the outgoing payments.
more »
Danske Bankas has made another increase in the interest rate for fixed-term deposits in litas for both private and corporate clients.
more »