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.
United States of America In the USA most mobile phone operators, banks and developers are banking on NFC technology being the key technology to the growth of mobile payments. In the United States users can already use smartphones to pay for goods (Starbucks, MobilePay USA) or to accept payments for [...]
China has the largest number of mobile phone users in the world at the moment, with 987,580,000 mobile phones in use, closely followed by India, with 903,727,208. Japan and Indonesia are also in the top ten countries worldwide for mobile phone ownership. Asia Pacific is a big market for mobile [...]
The use of the mobile phone as a wallet or payment device is growing rapidly as companies, financial institutions and customers come to grips with the technology and the possibilities that it brings for mobile payments. Here are just some case studies showing real-life examples of SMS payments and [...]
Recent research by I.E. Market Research shows that mobile phone payments were worth 31.5 billion dollars in 2010, a slight decrease on 2009 due to the effects of the recession. This company predicts, however, that global mobile phone payments will continue to rise and be worth around 950 billion [...]
South and Central America will see a huge growth in the use of mobile phones as a means to provide access to banking services, person to person payments and remittances. This part of the world is hugely under-served by banks and it is here that mobile phone payments can make [...]
M-Pesa has established itself globally as one of the most successful mobile micro-finance and money transfer services. Its network consists of the following countries and regions: Afghanistan, South Africa, parts of Eastern Europe, Kenya, and India. Vodafone, India’s second largest mobile operator introduced M-Pesa in India in 2011. It has [...]
Since 1947, Pakistan’s banking sector has come a long way. The current estimated population of Pakistan exceeds 182 million out of which roughly only 7% use banking services. With a network of 12,000 branches across Pakistan the banking footprint is well established, but has also been deemed insufficient. Taking [...]
Pakistan’s first mobile based branchless banking service, Easypaisa, is the creation of Tameer Microfinance Bank and the international telecommunication giant, Telenor. Established in 2009, the service is now accessible in more than 800 cities and towns throughout Pakistan. It has an average of six million users per month. In [...]