Bill Me Later -- Business Services, inc5000 Article

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No. 6 Bill Me Later

Timonium, MD

Year	2007
Industry	Business Services
Founded	2000
Growth	8,650.9%
2003 Revenue	$613,000
2006 Revenue	$53.6 million
Employees	100
Website	www.i4commerce.com

Ranked No. 1 in the Top Companies in Business Services
Ranked No. 1 in the Top Companies in Baltimore-Towson, MD

What it does: Operates an online payment system used by merchants such as Wal-Mart and Overstock.com. Shoppers click "Bill Me Later" and enter a birth date and part of their Social Security number. The company pays the merchant overnight and bills consumers…later.

Why it's growing: Consumers are skittish about entering credit card information online; here they don't need to. The company says it charges merchants 40 percent less per transaction than Visa and MasterCard. Shoppers pay 19.9 percent interest on carried-over balances.

Read this company's extended IncBizNet profile.

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