BitPass, Inc.

Type	Private
Founded	Mountain View, California (2002)
Location	Menlo Park, California, USA
Key people	Kurt Huang, Founder Doug Knopper, CEO
Industry	Consumer Internet, Digital content, Online payments
Products	BitPass buyer account, BitPass Professional merchant account, BitPass Studio merchant account
Revenue	undisclosed
Operating income	{{{operating_income}}}
Net income	{{{net_income}}}
Employees	undisclosed
Website	www.bitpass.com
{{{footnotes}}}

BitPass is an online payment system for digital content and services. Kurt Huang is co-founder. Doug Knopper was hired as CEO in November, 2005. BitPass is a California corporation with headquarters in Silicon Valley. It was founded in December, 2002 and has since partnered with major technology and financial services companies such as Microsoft, PayPal, the Royal Bank of Scotland and First Data. Image File history File links BitPass_logo. ... A private company is a company that is independently owned. ... Mountain View’s Castro Street Mountain View is a city located in Santa Clara County, in the U.S. state of California, USA. The city gets its name from the views of the Santa Cruz Mountains. ... 2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ... Cafe Borrone, adjacent to the recently closed Keplers Bookstore in the Menlo Center, is a popular lunch spot in downtown Menlo Park. ... Kurt Huang is co-founder, president, and chief product officer of BitPass. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... EBIT stands for Earnings before Interest and Taxes (operating income). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... The front page of the English Wikipedia Website. ... Kurt Huang is co-founder, president, and chief product officer of BitPass. ... A view of downtown San Jose, the self-proclaimed Capital of Silicon Valley. Like many large cities, San Joses downtown is expansive and encompasses much more area than shown in this view. ... Microsoft Corporation (NASDAQ: MSFT, HKEx: 4338) is the worlds largest software company, with 2005 global annual sales of 40 billion US dollars and nearly 60,000 employees in 85 countries and regions. ...

For the content buyer, BitPass works like a pre-paid telephone card: the buyer signs up for the service and puts money into an account using a credit card or PayPal; this stored value amount can be used to purchase digital content or services.

Transaction fees are paid by the content provider. For payments under $5, the charge is 15% of the price paid by the buyer. [BitPass Professional merchant account fee]

External links

• BitPass site
• Interview with Kurt Huang, BitPass Co-Founder