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Accepting "Pay by Mobile" payments.
I currently run a website which sells digital items, our current payment processor is PayPal.
I plan to keep PayPal, but I've gotten 8 PM's this week alone asking me if I can set up a SMS/Phone service to enable purchases.
Done a bit of research, but not sure on what terminology to look for. I'll post my requirements below:
Main customers: EU
I'd prefer both to be accepted by the same provider.
Amounts £5 but I will be a adding the fee to this, depending on what provider. There is a £15 option we sell on our site, but I think that's to high for mobile payments?
Any help you guys can give would be great.
Forget the Small payment options (SMS/Phone) Unless your going to purchase the actual shortcodes ( About £1000+) or Premium rate numbers.
I'm expecting about 100 payments of £5 a month, small boost to my income.
Is that not practical using SMS? No providers for this etc?
There is providers yes Daopay txtnation to name a few. But they take almost all of the cut. so you end up with like 30-40p Per £1
Originally Posted by
Yes, its possible but it cost you much more. But have to take a short number and you need to contact to your bank for its permission and settings.
Premium SMS Codes Very From Company to Company. But No Matter Which Company You go Threw They are ALL Backed By Wireless Providers Who Take 40% Off the TOP! The SMS Provider You Go Threw will Take 10%-20% Off The Top! So You gotta Think if its Worth it Or Not. Not Only that To Charge a Rate of $5 is Very Difficult If its Not a "Non profit Organization). The Carriers Usually Lets You Charge From .99 to 3.99 If Your Lucky. I Hope This Helps. Thanks
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