‘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
The financial crisis is having a serious impact on low-income countries.
more »
The agreement was welcomed by the EU, which has led efforts to crack down on loose banking practices that caused the financial crisis.
more »
On 31 March this year, the boards of AB Bank SNORAS and AB “Invalda” approved of the purchase and sales transaction of AB “Invalda” financial group's companies.
more »
MEPs will vote on Thursday 2 April on a first reading agreement on the voluntary EU Ecolabel (“EU flower”) system for environment-friendly products to become less costly and bureaucratic to use.
more »
The fourth quarter of 2008 was not so good for the banking industry, and the financial conditions of commercial banks and savings and loans is expected to further deteriorate for the rest of 2009 and the first part of 2010, according to LACE Financial Corp.
more »
MEPs recently gave the green light to a new trade deal between Europe and Caribbean countries.
more »
New VoIP Features Boost Flexibility, Mobility, Cost Savings for Organizations Seeking to Untether Workers.
more »
According to the revised data, in IV quarter 2008, GDP at current prices made LTL 28578.8 million and against IV quarter 2007 decreased by 2.2 per cent.
more »
The EP Fisheries Committee rewrote the rules on recreational fishing in its consultative report, adopted Tuesday, on a proposed “control regulation” to ensure compliance with common fisheries policy (CFP) rules.
more »
In a measure of the Union’s strong growth prior to the financial crisis, the demand for EU trademark rights has shot up in recent years, creating an unexpected budget surplus.
more »