Wednesday, 21 October 2020

Micropayments: process transactions via reliable solutions

 

Have you heard about micropayments? These are small financial transactions that are conducted to purchase multimedia products on the Web. Thanks to Digital Global Pass, you can do so even if you do not have a credit card.

This is a fintech firm offering two payment services. They are called SMS+ and Internet+ and they are based on the direct operator billing infrastructure. What is this? This system is a result of collaborations between network service providers, content developers and financial companies. These firms have come together to design a solution that is innovative, safe, easy and not linked to banks. As such, everyone is able to pay online, even those who do not have a bank account.

So, when you use SMS+ and Internet+, the operation is completed via your network service provider. The price of your online acquisitions is added to your phone bill at the end of the month. When utilising the former, you will have to use a smartphone to process the payment. This is because it is a mobile wallet. There is no need to download or install apps and you just need a mobile account and settlements will be validated via text messages. Internet+ will redirect you to your network service provider’s website.


Process transactions via innovative methods

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