- Cherry Credits
Infobox_Company
company_name = Cherry Credits
company_
foundation =2007
location =Singapore
key_people = Addison Kang
industry =E-commerce
homepage = [http://www.cherrycredits.com/ http://www.cherrycredits.com/]Cherry Credits is a
Singapore basede-commerce business allowing payments to be made through the Internet using its Unified Global Virtual Credits known as CC.History
Headquartered in
Singapore and spearheaded byAddison Kang in 2007, Cherry Credits providesmicropayment solutions for developers, publishers and aggregators of digital contents. Cherry Credits' billing system is powered by New Economy eXchange Technology (NEXT), a proprietary billing system developed in-house.Cherry Credits' payment collection model targets consumers who do not possess credit cards, bank accounts and mobile payment accesses. The niche importance and existences of this group of consumers to businesses is illustrated in
The Long Tail concept. It was also a highlight of the Games Convention Asia 2007 conference seminar titled "Micropayments for Games". [ [http://www.gc-asia.sg/conference_speakers.shtml GC Asia Conference Speakers] ]Cherry Credits was showcased at Games Convention Asia 2008. In an interview with
Channel NewsAsia , Cherry Credits said it has an edge over its competitors because of the Singapore brand name and sound legal infrastructure. The company added that this has helped it leapfrog its competitor from a neighbouring country, which had a four-year headstart. The firm now services about 50 companies from the US to Korea, a 10-fold jump from when it started a year ago, and draws in an annual turnover of S$1 million. [ [http://www.channelnewsasia.com/stories/singaporelocalnews/view/376918/1/.html S'pore companies look for niche as Game Convention Asia kicks off] ]Cherry Credits Physical Scratch Card
Binding the concept of scratch cards and Unified Global Virtual Credit (UGVC), Cherry Credits introduced a "purchase over the counter" global Physical Scratch Card with prepaid value.
The UGVC in the Cherry Credits Physical Scratch Card is referred to 'CC'. Consumers can purchase these scratch cards and use its' containing CC to purchase in-game items, subscriptions and other digital contents with Cherry Credits and any authorized merchants. Cherry Credits is gradually expanding to provide global consumers with the scratch cards as well. [ [http://www.cherrycredits.com/about_us.html About Cherry Credits] ]
Cherry Credits Availability
Cherry de Mall
Cherry Credits currently offers over 50 titles of different genres;
MMO ,Flash games , animation streaming, and applications.References
External links
* [http://www.cherrycredits.com/ Cherry Credits Official Website]
* [http://playnoevil.com/serendipity/index.php?/archives/1568-Cherry-Credits-and-PayByCash-Payment-services-for-Online-Games-Microtransactions-Minors.html Cherry Credits and PayByCash - Payment services for Online Games & Microtransactions & Minors]
* [http://pc.ign.com/articles/817/817842p1.html Cherry Credits Brings New Way to Pay]
* [http://www.ida.gov.sg/InSG/Oct07/sgs.html iNSG: Cherry Credits pioneers Internet micro-payments for the youth market]
* [http://www.youtube.com/watch?v=knaKPWHad88 Channel U: Games Convention Asia 2007 feat. Cherry Credits]
* [http://www.youtube.com/watch?v=LyEoYhMwi6Q Channel U: Online Gaming Industry Documentary feat. Cherry Credits]
* [http://www.youtube.com/user/CherryCredits/ Cherry Credits on YouTube]
* [http://www.imeem.com/cherrycredits/ Cherry Credits on IMEEM]
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