Wednesday, August 29, 2007

New Online Payment System Coming on Board!


Attention merchants, webmasters and buyers
This site promotes the world's first Mobile Payment System where a customer needs only a mobile phone and nothing else to make a purchase.

A customer doesn't need cash, credit, credit cards, a bank account or even ID.

I am proud to present their latest initiative providing a needed alternative to credit/debit cards by allowing users to pay for items on their mobile phone bill through premium text messaging (PSMS).

Webmasters can setup an account and be accepting web payments in minutes. Users can add funds to any account within minutes.

The mobile payment mechanism created has been taken to another level and released as an easy to setup drag and drop billing mechanism for webmasters of all abilities.

Anyone can now sign up here
here
and be taking payments from mobile phones on their Websites in less than 10 minutes.

Once a user signs up for and activates their account they can then create buttons and links which will have pre determined billing amounts built into them specified by the account holder, the site will create all of the script required for this button / link, the user then simply cuts and pastes the script into their website, once a consumer clicks this button and enters their mobile number they are billed the amount to their mobile phone account, how much more simple could it be.

A webmaster also has the opportunity to create a fully integrated system which authenticates and posts back to the webmaster verification details.

All payments and statistics can be viewed in real time in the users account.

This type of billing procedure has never been made available in this type of format, Mobile Phone billing is just in its infancy and over the next 12 months it will begin to rival payment mechanisms like Paypal and Nochex as the preferred cashless billing process.

It has already proved successful in the marketplace without cannibalising any existing payment methods. Extensive testing on a number of websites for large clients in 6 countries has proven to the industry that it works and can increase membership statistics by over 30%.

Another benefit is that as well as having the ability to accrue more revenue than existing credit card billing it has experienced less than 0.03% of charge backs. Out of 27,000 £5 / $10 / 7.4 Euro transactions there were only 3 unhappy customers that required a refund / charge back.

This mobile payment system works with Pre-paid and Post paid mobile phone accounts.

The phone carriers are giving instant credit on pre-determined amounts. It also acts like an m-wallet with instant credit from the carrier without the need of the banking industry. This makes it very simple for the consumer and the merchants. Consumers don't need to transfer money or set up bank accounts, can make a transaction without filling out forms or remember special numbers, the security is excellent without giving out ID in the transaction to the merchant. The merchants get business they wouldn’t already get. The phone companies like this because it raises their ARPU (Avg. Revenue Per Unit) and decreases their churn rates by connecting another service to the cell phone.

http://www.onlinemobilepay.com

Best regards, Nancy Stetson


nstet60@peoplepc.com

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