Monday, 22 March 2021

Micropayments: banks are no longer needed

 

If you think that bank accounts or credit/debit cards are mandatory to process micropayments, you are wrong. Developments in the financial and technology sectors have made it possible for unbanked and unbanked customers to pay online effortlessly.

They just have to use SMS+ and Internet+. Designed by Digital Global Pass, they are based on the direct operator billing infrastructure. What is this? This system emerged when firms like network service providers, fintech start-ups and content developers came together. As such, when you use the payment solutions, your mobile operator is going to process and authenticate the transaction. It will charge you by adding the price of the acquisition to your phone bill. Thus, to purchase an item, you just need a mobile account and a device which is connected to the Internet.

Those opting for these innovative payment solutions can buy a wide variety of multimedia products. They can get games, songs or subscriptions to entertaining and informative sites. For instance, they can register to a platform offering personalised workout programs. This allows them to exercise and remain in good health and shape without leaving the house. A complete list of the items that can be bought is available on the ‘OUR SERVICES’ section of Digital Global Pass’s website.


Micropayment services are offered by Digital Global Pass

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