Accept online 'Pay by SMS' payments
Online Pay by SMS transactions: Introduction
These days, nearly everyone has a mobile telephone. Payment by SMS is a low-threshold method of payment. A product or service may be paid for simply by sending or receiving a text message. This method of payment is ideal for so-called 'micropayments', and for offering an alternative payment method to target groups who do not have a credit card or their own bank account.
Accept 'Pay by SMS' payments on your site: How to
It is simple. Basically, you have to follow the same procedure for any payment method:
Online Pay by SMS transactions: Advantages and possibilities
Paying by text message 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. The purchase of virtual products in online games, for example, falls under the text message payment method. Downloading an e-zine or a film or music file or an application for a mobile telephone also lends itself perfectly for a text message payment. Another nice benefit for consumers is that payments by text message are anonymous, fast and easy. This makes it a low-threshold method of payment. It is handy for you since you see immediately when a payment has been made.
The advantages of payments by text message for your webshop:
- Broad range due to low-threshold aspect;
- Anonymous payment method for consumers;
- Suitable for small payment amounts;
- Real-time reporting of payment status.
Online Pay by SMS transactions: How it works for customers
Depending on the type of account you choose, you can decide to offer text message payments as a payment method within your ICEPAY account. Consumers pay by sending a text message to a short telephone number (e.g., '4141'). The product will be released upon receipt of the text message. For higher amounts, it is possible that consumers will have to send multiple text messages.To execute a payment by text message, all your customers (consumers) have to do is:
- Choose a product in your webshop;
- Choose text message as the payment method;
- Send a text message to the designated telephone number;
- And: once the text message has been sent, the payment has been made.
Payments to your account for text message payments can take 30 to 90 days, depending on the country from which payment was made. The reason for this is the complex payment structure employed by mobile operators. 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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