SMS Payment
SMS Payment - what is it?
SMS Payment, which is also called Micro-Payment, enables the message sender to pay for a service or good at the moment he sends a text message. Thus, this kind of text messages is called a Premium SMS. Billing is either processed when a message is sent (mobile originated Premium SMS) or when it is received (mobile terminated Premium SMS). Pricing ranges from approximately 0.25 € to 5.00 € (up to 3.00 € in Luxembourg).
Payment confirmation is either inherent to incoming (MO) SMS or is transferred to the content/service provider by delivery receipts outgoing SMS (MT). Upon receiving payment confirmation, a service, content or information can be delivered or activated. Premium SMS are sent to and from Premium Short Codes. Those codes are four or five-digit numbers available on mobile networks that are invoiced at a higher rate than normal SMS messages (i.e. 64747 priced at 1.50 € in Luxembourg).
Mobile operators and mpulse both apply a revenue sharing model to Premium SMS messages, i.e. both retain a commission. The merchant receives 50% to 75% of the amount the user paid to the operator. At the end of a month, mpulse informs merchants (content/service providers) about amounts due in a charging advice. The merchant then sends an invoice to Mpulse and sums due are transferred into his bank account once mpulse receives payment from the operators.
Examples
- Payment for mobile content (logos, ringtones, games ...)
- Payment for account activation
- Payment for web content (i.e. electronic newspapers)
- SMS message sending to radio stations or TV stations
- Games and contests
- etc.
Related Products
SMS Payment - Customers
- Klingelton.com
- Mediaplazza
- Index Multimedia
- E-Zone
- The RingRing Company
- Golden Bytes
- Groupe Saint-Paul (d'Wort, La Voix)
- Editpress (Tageblatt, Le Jeudi)
- LUXGSM
- VOXMobile
- Cactus Group
- etc.
