Credit Card Killer

Brown, Erika
December 2006
Forbes Asia;12/11/2006, Vol. 2 Issue 21, p84
The article features entrepreneur Gary Marino and his online company I4 Commerce. The company's service called Bill Me Later pays the shoppers' online purchases to the merchant and sends the shopper a bill within two weeks in which they can pay online or through the bank. Marino aims to gain a revenue of $50 million from merchant fees and interest charges by the end of 2006 and $100 million in 2007. In a survey conducted by Continental Airlines, majority of online buyers prefer the service due to the convenience it offers.


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