Friday, 10 September 2021

Payment solutions: what do you need to process a transaction?

 

Digital Global Pass has designed two payment solutions that allow you to process micropayments. They are called SMS+ and Internet+ and they have been designed using an innovative technology called direct operator billing. This means that they do not work like other services.

Traditional settlement services are offered in banks and similar financial institutions. This means that to pay online, you need a credit card, a debit card or some form of banking information. These will be used to complete and validate the payment. Now, this is a problem for some customers since they are unbanked and underbanked. Thus, they cannot pay online. Thanks to Digital Global Pass’s innovativeness, this problem is now solved.

So, what do you need to process a payment when using SMS+ and Internet+? They are phone bill payment services. Your network service provider is going to complete the transaction. Thus, to buy an item, you just need a mobile account. You also need a device that is connected to the Internet. This can be a smartphone, a tablet or a PC. After that, you just need to send text messages if you select SMS+ or to click ‘confirm’ on your network service provider’s website in case you opt for Internet+.


Payments are completed in two ways

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