It is no news that one major problem with doing business ether online or offline is payment solution. The problem is more pronounced for those who do business online. Whatever stands to be a problem always have a solution-only time will tell.
Without effective and reliable payment solution the purpose of every business will definitely have a set back in terms of growth and expansion. This is because gone are those days when people exchange goods for good and services for services which is popularly referred to as trade by barter. The purpose of every business venture is to maximize profit. It is one thing to have products and services to offer to your clients but it is another thing entirely to get paid for your products and services.
There are so many online payment solutions. The popular ones are paypal, escrow payza , perfect money , pexpay, etc. But each and every one of these payment solutions have their pros and cons. Taking paypal for instance, if you are familiar with the internet you will agree with me that paypal is more or less the most popular, secured and reliable online payment solution. However, their major draw-back is that they don't accept all countries. This as a matter of fact has made some online businesses have a set back. Although some persons still have a way of making things happen ( I believe you know what I mean by that, lol).
Paramount of note also is the fact that due to civilization and advancement in technology people have left traditional means of doing business(trade by barter and offline trade) to modern methods such as internet marketing and even now mobile marketing is not being left out especially now that smartphones including iPhones, androids, to mention but a few are now available. Having observed that mobile marketing is fast spreading hence I decided to make a research on mobile payment solution and so I could not hold back my findings and so decided to share with you as well.
What is Mobile Payment Solution?
Mobile payment solution is the use of mobile phones in completing a transaction between buyers and sellers.This mobile payment solution simply makes use of text messages in the form of SMS ( Short Service Message) . It is particularly important since some persons who do not have the aforementioned online payment solutions as well as credit cards can still do business with the use of their mobile/cellphones. How is this done? Normally, the charge for such transactions are deducted from the air time they have on their mobile/cellphones with the aid of the network operators or the service provider of their mobile/cellphones.
Apart from that, it will be very useful for buyers/sellers who don't want to use the online payment solutions for security reasons. Although there are many of such mobile payment solutions but one observation is that most of them are restricted to some countries or some continents until I stumbled upon the one I am about sharing with you as well as some of its features and peculiarities.
Which Mobile Payment solution am I referring to here? It is fortumo . Fortumo is a premium SMS payment provider. Fortumo has its headquartered in Tartu, Estonia, very close to Nokia’s home country and original hotbed of premium SMS action, Finland.
Who is Fortumo Ideal For?
(1) In-App Purchasing: Charge for premium features within your app using Fortumo industry-leading native in-app purchasing SDK. This is useful for androids windows phone & Windows 8, NOOK etc
(2) Cross-Platform Mobile Payments: It's browser-based mobile payments option which allow for one integration, works on any computer, tablet, smartphone or feature phone and smart TV-s. Thus transactions still go on irrespective of whether mobile browsers or desktop browsers are used.
(3) Developer API: For advanced integrations and white-labelling, giving you the full control over the payment flow and user experience. Also the Premium SMS API enables instant activation & self-service setup.
(4)Trusted Partner Mobile Payments API : for appstores, OEM-s, platforms and publishers.
Why Fortumo?
(1)Mobile Operator Billing: No credit card required, no registration necessary. It just works. For 4 billion mobile users worldwide.
(2) Best Emerging Market Coverage:With Fortumo, you accept payments from users without credit
cards in 6 out of 7 continents. (Sorry, no Antarctica!) 
(3) Self Service Setup, Live in Minutes.
One quick 30-minute integration & start getting revenue the next day. Why wait?
(4)No Setup Fees, No Monthly Fees
And no minimum volume commitments. Just a simple % per each transaction. We only make money when you are making money!
Why not take your business to a higher level by accepting mobile payments as a seller?Besides with it you can maximize the the sales of your digital products such as ebooks and apps that people can't buy from the likes of clickbank that don't accept some countries as well. Apart from that you you can receive you payments by bank transfer, paypal, moneybookers or webmoney. Thus this is an opportunity for you to make more money too.
It is also ideal for you as a buyer who wish to buy products and yet you lack the means to do online payment or maybe for security reasons especially when you don't want to give out your credit card information. Then this is the opportunity you need to beat online payment problems.
Sign up here
N.B: On signing up, if you enter Infonownow into the "Invitation code" field when registering in Fortumo's system, I will personally give you 5 EUR( 5€ ) bonus as a starting capital from fortumo. You will be given the 5 EUR ( 5€ ) ONLY if you enter Infonownow into the invitation code field.This is because I am an affiliate to them. Now that I have told you kindly sign up using the code Infonownow for having shared this information with you. Don't forget to share it with those it might be useful to.
In summary:
Back to you now:
Are there other mobile payment solutions known to you? Drop your comments below.
Why not take your business to a higher level by accepting mobile payments as a seller?Besides with it you can maximize the the sales of your digital products such as ebooks and apps that people can't buy from the likes of clickbank that don't accept some countries as well. Apart from that you you can receive you payments by bank transfer, paypal, moneybookers or webmoney. Thus this is an opportunity for you to make more money too.
It is also ideal for you as a buyer who wish to buy products and yet you lack the means to do online payment or maybe for security reasons especially when you don't want to give out your credit card information. Then this is the opportunity you need to beat online payment problems.
Sign up here
N.B: On signing up, if you enter Infonownow into the "Invitation code" field when registering in Fortumo's system, I will personally give you 5 EUR( 5€ ) bonus as a starting capital from fortumo. You will be given the 5 EUR ( 5€ ) ONLY if you enter Infonownow into the invitation code field.This is because I am an affiliate to them. Now that I have told you kindly sign up using the code Infonownow for having shared this information with you. Don't forget to share it with those it might be useful to.
In summary:
(1) Developer integrates mobile payments into their web app, Android, Windows 8 or Windows Phone app.
(2) User purchases digital goods from the developer by confirming the
payment with their mobile phone and charging the amount to their phone
bill.
(3) Fortumo checks its list of 300 operators to see where to send the payment request and forwards it to the correct operator.
(4) The operator checks if the user has enough money to make a mobile payment and sends information back to fortumo .
(5) When everything is OK, fortumo completes the transaction and lets the
developer know to transfer digital goods to the user. At the end of the
month, all payments are transferred to the developer.
Once again, signup here by entering Infonownow as the invitation code in order for you to have the 5EUR ( 5€ ).
Are there other mobile payment solutions known to you? Drop your comments below.
Posts
Really?
ReplyDeleteWhats thier terms of Payment cos I have no Credit card.
Marx yea, that is why you should consider using this mobile payment solution for the reasons stated above. Just use the link above to visit the site for further clarifications of their operations. Most importantly if you partner with them you can as well get paid by bank transfer, paypal, moneybookers or webmoney. Anyway, thanks for coming by.
ReplyDelete