Rixty
Encyclopedia
Rixty is an alternative payment platform that makes it easy for youth and others without credit cards to make online entertainment purchases by converting their cash into online credits at more than 20,000 Coinstar
Coinstar
Coinstar, Inc. is an American company.The firm's original focus was the conversion of loose change into paper currency, donations or gift cards via coin counter kiosks...

 kiosks and retail locations nationwide. By making it easy for cash-based consumers to spend money on multiplayer and downloadable games, virtual worlds, social networks, mobile games, ringtones, and mp3 downloads, Rixty helps publishers increase overall sales, attract new customers and enables a variety of emerging business models, from online subscriptions to microtransactions for virtual goods and digital content.

History

Rixty, Inc. was founded in September 2007 with a mission to provide consumers who lack credit cards a convenient and cost effective way to purchase online. The founders brought their experiences from the consumer products and online entertainment industries to create a new payment mechanism that allows users to experience the best of the internet without needing to expose confidential information or requiring a bank account or credit card.

Today, Rixty serves a large and growing online population of youth and adult web users who spend money online for multiplayer online games, casual games, virtual worlds, and all types of digital content. Online game and website publishers use Rixty to empower a larger percentage of their users to engage with their entertainment dollars, increasing community engagement and overall sales.

Rixty is headquartered in San Francisco, California
San Francisco, California
San Francisco , officially the City and County of San Francisco, is the financial, cultural, and transportation center of the San Francisco Bay Area, a region of 7.15 million people which includes San Jose and Oakland...


News & Press

  • San Francisco, CA – June 15, 2010 – Rixty announces that it now has over 50 partnerships in place making Rixty’s cash-based payment method available to millions of online gamers.
  • San Francisco, CA – February 15, 2010 – Rixty Announces Nation’s First Certified Kid-Friendly Online Cash Payment System: COPPA compliant platform provides a safe and anonymous way for kids and their parents to pay for online entertainment with cash and coins.
  • San Francisco, CA – January 21, 2010 – Rixty raises $1.24 million in seed capital to fuel growth of its cash-based payment system for online entertainment.
  • San Francisco, CA - October 19, 2009 – Rixty offers free bonus virtual currency to Coinstar users and continues to expand its publisher network through partnerships with gaming companies THQ*ICE, Aeria Games, IGG, HitGrab Inc., Roblox
    Roblox
    Roblox is a massively multiplayer online game virtual playground and workshop designed for children aged 7 and over. Players can build games with blocks of various shapes, sizes, and materials. Roblox users can code the places they design with a restricted and sandboxed version of Lua 5.1...

    , Lizard Interactive, and NetDragon.
  • San Francisco, CA - September 30, 2009 - Rixty brings its unique cash-based payment system, leveraging Coinstar
    Coinstar
    Coinstar, Inc. is an American company.The firm's original focus was the conversion of loose change into paper currency, donations or gift cards via coin counter kiosks...

     kiosks and prepaid cards, to social networks in partnership with Offerpal Media, the industry’s leading virtual currency monetization platform.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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