POS Basics

Home/POS Basics

Regulations by country

By | 2016-10-22T07:49:51+00:00 April 7th, 2013|POS Basics, Statistics / Trends|

Regulations Governing SMS Payments Regulations governing the use and development of SMS payments vary from country to country around the world.  Here is a brief guide to the main regulations for each country for which we have information. Note in most countries, but not all, adult and erotic content are [...]

What are Micropayments?

By | 2016-10-22T07:49:51+00:00 April 7th, 2013|POS Basics, SMS payments|

Micropayments are financial transactions that involve a very small sum of money. PayPal defines a micropayment as anything less than USD 12, whereas Visa classifies anything less than USD 20 as a micropayment. Traditionally it has been difficult, financially, to recoup the costs involved in processing micropayments. With SMS billing, [...]