Internet commerce pioneer Open Market Inc. announced the latest version of its Transact software, which includes new flexibility for accepting various forms of electronic payments.

The software, Transact 4, is an update of a product dating back to 1995. It forms the technical backbone of such high-profile Web sites as SegaSoft's Heat.net, Cnet's BuyDirect.com, and Time Inc.'s Pathfinder.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.