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, [...]
JunglePay is a free to install payment solution from txtNation – an award winning UK company that has been at the forefront of SMS payment technology, SMS payments and SMS messaging solutions for the past 8 years. SMS Payments from 80+ Countries JunglePay allows you to collect SMS payments from [...]
SMS payment means using text messages to pay for products or services. Mobile phone users can send text messages to a predefined number with a certain text. The mobile phone carrier will then add the cost to the user's normal monthly bill or deduct it from the prepaid balance. [...]
Allopass is a global micropayment solutions company that offers a large variety payment methods in one package, including premium SMS payments. Originating from France, it operates in some 60 countries and handles 8 million transactions monthly for its 280,000 merchants - numbers that have lead it to claim to be [...]
An SMS gateway is a facility to allow the sending and receiving of SMS messages. SMS gateways are maintained and operated by mobile phone operators. An SMS payment gateway is a piece of code, an application, installed onto a web page by a SMS payment provider to enable businesses to [...]
SMS payments can work for large and small companies alike, as well as charities. Find out how you can use SMS payments and if there are any advantages.
How do interchange fees work? Who sets the rates? We explain how it works, and what it means to have blended and unblended card payment rates.
There can hardly be anyone in the UK who doesn't use a Chip and PIN machine on a regular basis. Any time you pop into your nearest shop and pay with a credit or debit card by giving your PIN code (personal identification number) to authorise the transaction you [...]