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| Founded | 2007 |
|---|---|
| Headquarters | Singapore |
| Key people | Addison Kang |
| Industry | E-commerce |
| Website | http://www.cherrycredits.com/ |
Cherry Credits is a Singapore based e-commerce business allowing payments to be made through the Internet using its Unified Global Virtual Credits known as CC.
Contents |
History
Headquartered in Singapore and spearheaded by Addison Kang in 2007, Cherry Credits provides micropayment 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".1 Cherry Credits was showcased at Games Convention Asia 2008 with an interview reported by 2
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. 3
Cherry Credits Availability
| Payment Channel | Singapore |
Malaysia |
Philippines |
Australia |
Indonesia |
United States |
Britain |
Europe |
Other Regions |
|---|---|---|---|---|---|---|---|---|---|
| Card | |||||||||
| Physical Scratch Card |  |
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| Kiosk | |||||||||
| AXS Station | |
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| e-PIN | |||||||||
| MOLePoints | |
|
|
India | |||||
| LoadCentral | |
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| Prepaid | |||||||||
| GudangVoucher | |
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| SNAP Card | |
|
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| Ukash | |
|
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| paysafecard | |
|
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| Wallie-card | |
|
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| Internet Banking | |||||||||
| POLi | |
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| Mobile | |||||||||
| MobillCash | |
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|
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| Credit Card / Others | |||||||||
| PayPal | |
||||||||
| Paybycash | |||||||||
| mPayment | |||||||||
| *All payment channels listed are accurate as of November 2008. 4 | |||||||||
Cherry de Mall
Cherry Credits currently offers over 50 titles of different genres; MMO, Flash games, animation streaming, and applications.
References
External links
- Cherry Credits Official Website
- Cherry Credits and PayByCash - Payment services for Online Games & Microtransactions & Minors
- Cherry Credits Brings New Way to Pay
- iNSG: Cherry Credits pioneers Internet micro-payments for the youth market
- (Chinese) Channel U: Games Convention Asia 2007 feat. Cherry Credits
- (Chinese) Channel U: Online Gaming Industry Documentary feat. Cherry Credits
- Cherry Credits on YouTube
- Cherry Credits on IMEEM
Wikipedia content modification information:
- This page was last modified on 21 November 2008, at 00:58.
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