Billing Concepts, Webpay International Partner

Billing Concepts Inc. said today it is entering into a joint venture with Europes Webpay International AG to offer the new payment and billing service, Click&Buy, for online digital content in the United States.

The companies made the announcement at the 2005 Billing & OSS World Conference in Philadelphia.

The agreement will create the worlds most complete online payment service network, the companies say. It also delivers a new payment system for U.S.-based ISPs, telecommunication companies and online digital content merchants.

Billing Concepts will contribute its Enabill payment system to Webpay Internationals Click&Buy technology, and Webpay International also will use Billing Concepts clearing and settlement functions.

The deal between the two companies already has attracted more than 30 online merchants.