Pay by SMS

Payment by SMS is the ability to accept payments via an SMS that is sent to a customers mobile phone.

Just like a standard SMS, it contains a link that connects the customer to the payment provider which manages the collection of the payment between the customer and the vendor. The payment is added to the customer’s phone bill which prevents the need for customers to enter credit card data.

The benefits of pay by SMS include:

• No need for the customer to enter bank account details or credit cards.
• The customer doesn’t need to remember a password for the transaction.
• Customers personal information doesn’t need to be collected or verified to enable the transaction.