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But Internet payments do not require a third party, he said.
New forms of internet payments and dedicated teenage shopping sites are being brought to the market.
CMGI also said it would close ExchangePath, an Internet payments company.
For months, rumours had been circulating on Wall Street that eBay, the leading online-auction service, would buy PayPal, the dominant provider of Internet payments.
Banks provide online processing for clients to accept internet payments made by credit or debit card when the customer is not present.
Mr. Paderni of Forrester Research said France Télécom and Minitel could play a significant role in Internet payments if they moved quickly.
Similar(36)
So did PayPal, an internet payment firm.
Online social networks and recommendation systems help establish trust; internet payment systems can handle the billing.
The Internet payment service provided details on Wednesday on how it plans to handle payments in brick-and-mortar stores.
Putting one's name on a do-not-call list for telemarketers requires a second letter or $5 Internet payment.
According to Gups Jutla, head of business development at CyberSource Visa Middle East, an online payment solutions company, Internet payment gateways in the region are mostly basic in design.
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