Accept online 'Pay by Phone' payments
Online Pay by Phone transactions: Introduction
The Pay by Phone method of payment is exactly what it sounds like: payments by telephone, and is also suitable for payments made from a mobile telephone. Consumers call a number and pay by the minute, or per call. This method of payment is ideal for so-called 'micropayments', and for offering a method of payment to target groups who do not have a credit card or their own bank account.
Accept 'Pay by Phone' payments on your site: How to
It is simple. Basically, you have to follow the same procedure for any payment method:
Online Pay by Phone transactions: Advantages and possibilities
Paying by telephone is an interesting method of payment if you offer digital products or services at a low price, since this method is suitable for so-called 'micropayments'. These are payments for amounts between € 0.25 and € 8.00. If you offer content or digital products in this low-price category (worldwide), this payment option is extremely suitable for your transactions. It is also possible, for example, that your target group consists of young people who do not have a credit card of cash/switch card. Or for consumers are live in countries where electronic banking has not yet become a common practice. Payments by telephone are anonymous and easy, and therefore also represent a low-threshold method of payment for smaller amounts, also for consumers who are able to bank online.
The most common type of micropayment method is that which uses a premium telephone number. ICEPAY specialises in this payment method. In 2000, ICEPAY developed an Interactive Voice Response (IVR) system that processes all transactions. This allows us to guarantee the most competitive prices. With ICEPAY, you can now offer Pay by Phone as a payment method in over 18 countries.
The advantages of Pay by Phone for your webshop:
- Broad range due to low-threshold aspect;
- Anonymous payment method for consumers;
- Suitable for small payment amounts;
- Available for a large number of countries.
Online Pay by Phone transactions: How it works for customers
Depending on the type of account you choose, you can decide to offer payment by phone as a payment method within your ICEPAY account. Consumers pay by calling a premium telephone number. After the call has been completed, the product will be released.To pay, all your customers (consumers) have to do is:
- Choose a product in your webshop;
- Choose Pay by Phone as the payment method;
- Call the designated telephone number;
- And: once the call has been completed, the payment has been made.
This payment method is suitable for small amounts with a maximum of € 8.00.
This payment method is available in:
United Kingdom *
* Great Britain, Scotland, Wales, Northern Ireland
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