Hey guys, not sure how to explain this, but think of it like you send a message though your phone, it costs $2 and you receive those $2 on paypal or whatever.
For example "START" to 1415 and it automatically deducts $2 from your balance.
Any ideas how to do it? Looking to accept payments for some services this way if it's possible..
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If you take a look at 'Twillo' I think they offer a service similar to this.
Posting to come back to this.
Also, the closest to this that exists is cash app; which I am sure you are already aware of.
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(Dec 16, 2018 04:53 PM)reBELLYus Wrote: Posting to come back to this.
Also, the closest to this that exists is cash app; which I am sure you are already aware of.
Sadly, Cash App is limited to some countries, if not USA only. Mobile payments are carrier based and that can pretty much cover the entire world, so it would be awesome for business. For an example, someone needs to buy a service, just send a simple text message and boom, you're done. Even easier than to write down your credit card details!
(Dec 16, 2018 04:55 PM)Λlex Wrote: Sadly, Cash App is limited to some countries, if not USA only. Mobile payments are carrier based and that can pretty much cover the entire world, so it would be awesome for business. For an example, someone needs to buy a service, just send a simple text message and boom, you're done. Even easier than to write down your credit card details!
I agree. Look into a company known as Affirm. They utilize this technology.
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If you mean SMS Payments then you need to know that almost all companies hold your payment up to 30-45 days. Also they have high fees like 15-40% depends on which country. There is companies like Fortumo, Paysera etc.
(Dec 17, 2018 09:25 AM)GreyGorilla Wrote: If you mean SMS Payments then you need to know that almost all companies hold your payment up to 30-45 days. Also they have high fees like 15-40% depends on which country. There is companies like Fortumo, Paysera etc.
Exactly. It's a terrible system for a seller. Huge Fees and I've see it up to 80%. It's not an option worth exploring.
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I heard about similar thing, but its charging via phone call not message.
Try to look for call payments you can do it as low as 5% fee if i'm not wrong, but you need a lot of shit to set up before starting it.
Just look for info about it maybe you will find it useful
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