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bamse · 10-02-2003, 12:58 AM

I have a lot of experience in SMS but not as much in other payment solutions.

I must say that our customers are very happy with our SMS solutions though. The one that seems to be the best for users is the subscription method. Say a page want a user to subscribe to it's content, then we can in e.g. United Kingdom bill the user between 1.5£-15£ a day. And say a site gets 100 subscribers, that's 300£ if you charge say 3£ (quite typical amount) => 9000£ per month. Then of course there's the operators shares and stuff, but still there's very much money left for the site-manager in the end!

The thing with SMS is that many users believe paying with CC# etc feels insecure and that SMS is as simple as 1-2-3 and also they will be anonymous (what he paid for isn't specified on his invoice)

We have even gone so far that we have a site nowadays with SMS as the only payment option: http://www.smsvid.com

But in fact the site runs VERY well and we cash in a lot of $$$ with it (available in 9 countries today).

So my conclusion is:
* For bigger payments (100s of dollars range) SMS is not an option.

* For smaller one-time fees (like on smsvid.com) SMS is awesome.

* For subscriptions costing in range between a few pounds/dollars/euros up to around 10 £/$/? SMS is also perfect as the user doesn't have to do more than send in one tiny sms. (For webmasters this can means a lot of $$$ since they can build of thousands of members that continue to use the service and their member db will just grow and grow. I base this on my experience that a lot of users really stay with their subscriptions for at least some weeks but up to months and some forever)

My

If you have more questions or is interested in one of these solutions or another you have been thinking of, don't hesitate to drop me a mail!

10-02-2003, 12:58 AM
bamse Registered User Join Date: Aug 2003 Posts: 32	I have a lot of experience in SMS but not as much in other payment solutions. I must say that our customers are very happy with our SMS solutions though. The one that seems to be the best for users is the subscription method. Say a page want a user to subscribe to it's content, then we can in e.g. United Kingdom bill the user between 1.5£-15£ a day. And say a site gets 100 subscribers, that's 300£ if you charge say 3£ (quite typical amount) => 9000£ per month. Then of course there's the operators shares and stuff, but still there's very much money left for the site-manager in the end! The thing with SMS is that many users believe paying with CC# etc feels insecure and that SMS is as simple as 1-2-3 and also they will be anonymous (what he paid for isn't specified on his invoice) We have even gone so far that we have a site nowadays with SMS as the only payment option: http://www.smsvid.com But in fact the site runs VERY well and we cash in a lot of $$$ with it (available in 9 countries today). So my conclusion is: * For bigger payments (100s of dollars range) SMS is not an option. * For smaller one-time fees (like on smsvid.com) SMS is awesome. * For subscriptions costing in range between a few pounds/dollars/euros up to around 10 £/$/? SMS is also perfect as the user doesn't have to do more than send in one tiny sms. (For webmasters this can means a lot of $$$ since they can build of thousands of members that continue to use the service and their member db will just grow and grow. I base this on my experience that a lot of users really stay with their subscriptions for at least some weeks but up to months and some forever) My If you have more questions or is interested in one of these solutions or another you have been thinking of, don't hesitate to drop me a mail!