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Cherry Credits is a Global Micropayment Solution provider. Powered by NEXT (New Economy eXchange Technology), Cherry Credits assists Online Content Developers, Aggregators and Publishers to penetrate into untapped consumer markets. Empowering Merchants and Consumers with a global transaction alternative to the dominant use of Credit Cards, Cherry Credits provides a global Physical Scratch Card which is available at major retail stores worldwide. Consumers will be able to shop online for great content using a Unified Virtual Global Credit (UGVC) known as CC.
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"Founded and spearheaded by Mr. Addison Kang, an industry veteran in virtual payment systems and Online Gaming in Asia, Cherry Credits provides the world's first Unified Global Virtual Credit (UGVC) to facilitate commerce and connects international content to the global consumer."
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| Why it might be a killer | |||
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Cherry Credits is one of the firsts to bring forth a retail aspect in Global micropayment solutions. Innovating and combining a singular Physical Scratch Card with a UGVC. With online contents (media, downloads, games) becoming richer, micropayment is the only way to facilitate payment for these contents. The transactions taking place are in micro amounts hence using credit cards and banking payments may not be the ideal choice for consumers. Cherry Credits acknowledges the investments put in by content developers. Without advocating piracy and stealing, consumers will be able to pay a fair price with ease and gain from these great contents. This is where intermediaries like Cherry Credits will have the upper hand in providing payment solutions.
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Will it generate enough traffic to keep it going?
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