iBill sells access to online services and other downloadable products (music, games, videos, personals, etc.) to consumers through proprietary web-based payment applications. The iBill online payments systems manage transaction authorization on the global financial networks such as Visa and MasterCard. Since 1996, iBill has established a trusted brand with consumers and online businesses with 27 million customers in 38 countries. In 2004, iBill averaged 1.0 million transactions per month and completed approximately $280 million in gross transactions.
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