Etelcharge.com (ETLC.OB) is primarily a provider of credit card processing services for merchants located in the U.S. Etelcharge offers the first web 2.0 online payment system that provides online purchasing power over the internet with billing to customers’ phone bills. The company’s 3.0 social networking and payment gateway website will be launched in mid-May 2008.
The Etelcharge.com’s product is provided to merchants with online products for sale. Merchants are able to accept purchases by customers who do not possess a credit card or a banking relationship. The technology is able to connect to any carrier or online merchant payment system. Geographic location is not an issue either.
Etelcharge.com is secure and simple. After registration with Etelcharge.com, customers can purchase products from merchants that offer the Etelcharge pay option. The purchases are then billed to the customer’s phone bill. The company claims that by using the online payment system, exposure to credit card fraud and identify theft can be minimized. Etelcharge is PCI certified by Qualys, Inc., a leading provider of on demand security risk and compliance management solutions.
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