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== Mission ==
== Mission ==
=== Basic Goal ===
=== Basic Goal ===
Openbucks' goal is to allow people who do not own credit cards or bank accounts to pay online using their cash. In essence, you can buy a gift card from participating retail stores and use it to pay online on websites that have Openbucks as a payment method.
Openbucks' goal is to allow people who do not own credit cards or bank accounts to pay online using their cash<ref name="Digital Transactions">{{cite web |url=http://www.digitaltransactions.net/news/story/3203 |title=Openbucks’ Network Links Gift Cards to an Array of Online Merchants |accessdate=2012-04-13|work=Digital Transactions}}</ref>. In essence, you can buy a gift card from participating retail stores and use it to pay online on websites that have Openbucks as a payment method.


=== Safe and Private Transactions ===
=== Safe and Private Transactions ===
Openbucks also gives the opportunity for people to pay online without putting their personal information on the web.
Openbucks also gives the opportunity for people to pay online without putting their personal information on the web.

==References==
{{reflist}}

Revision as of 01:40, 14 April 2012

Openbucks [1] is an Internet payment company based in the Silicon Valley, in the city of Mountain View, CA, which allows people to pay online using gift cards from major retailers. Partners of Openbucks include Subway, CVS Pharmacy, Burger King, Sports Authority, Citgo, Circle K, and Hess Corporation.

History

Foundation

Openbucks was founded in 2010 by current CEO, Marc Rochman.

TechCrunch

The company participated in TechCrunch Disrupt in 2011.

Mission

Basic Goal

Openbucks' goal is to allow people who do not own credit cards or bank accounts to pay online using their cash[1]. In essence, you can buy a gift card from participating retail stores and use it to pay online on websites that have Openbucks as a payment method.

Safe and Private Transactions

Openbucks also gives the opportunity for people to pay online without putting their personal information on the web.

References

  1. ^ "Openbucks' Network Links Gift Cards to an Array of Online Merchants". Digital Transactions. Retrieved 2012-04-13.