| WarXchild Says Waltham-based Peppercoin has landed a deal to provide Wurld Media with its Peppercoin Small Transaction Suite payments software to allow Wurld Media to sell legal digital content through Peer Impact, its peer-to-peer (P2P) network.
Using Peppercoin?s software will allow Wurld Media to accept credit and debit cards for small payments, such as individual media downloads. No financial details of the deal were disclosed.
According to New York-based Wurld Media, its Peer Impact is the first P2P network in the world to sign agreements with the four major record labels. Peer Impact?s business model is different from other paid music P2P services in that it allows consumers to earn money back by legally sharing their authorized music content with others.
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