BitPass

BitPass was an American company from 2002-2007 that developed an online payment system for digital content and services including micropayments.

Michael O'Donnell was brought on as CEO in 2004, but left by April 2005, and was eventually replaced by Doug Knopper in November 2005.

For payments under $5, the charge was 15% of the price paid by the buyer (Bitpass Professional merchant account fee).

BitPass also partnered with major technology and financial services companies such as Microsoft, PayPal, the Royal Bank of Scotland and First Data.

Launched by Huang and Joshua Ellis, it was aimed toward allowing independent musicians to sell their music online.