Category: Financial

 New service to replace Premium SMS as online payment method   London, 21st January 2010: A new service from GoPayforit (www.gopayforit.com) has been launched to allow easier access to the Payforit and Web Payforit technologies. Now mobile application developers, blogs, WAP sites and websites can use GoPayforit to charge for content, membership, physical goods, or anything they may wish to sell.   Previously, online payments could only be completed using credit cards, Premium SMS or a dedicated service such as PayPal. However, these methods often proved to be complicated to set up and cumbersome for many potential customers, unlike the new Payforit system established by GoPayforit.   Using Payforit – the payment service supported by all licensed UK mobile operators – GoPayforit collects payment directly from the user's mobile phone bill or available credit if on PAYG, meaning anyone with a mobile phone can now buy content on their phone or online.

  The Payforit service works on any handset in the UK and across all networks. When accessed on mobile websites, users make a purchase in just one click, with no additional information that needs to be entered. Payforit allows simple hyperlinks to the payments page and once the transaction is complete, it returns the user to the relevant page to receive their content.    Another key advantage is that the mobile websites which use Payforit find that the revenue split is similar to the 70:30 model offered by Apple's iPhone App Store, but works on both mobile and standard web sites.   In comparison, credit card payment systems can be complex to set up, especially for smaller sites. For many sites testing the business model for payment, the time and effort to set up a credit card payment system isn't worth the effort. On top of that, many potential customers don't have a credit card, or are not signed up to the specific payment service the website wants to use.    While Premium SMS is similar, it can cause difficulties with the delivery of the final content, especially when the user is in an area with poor mobile coverage as the messages can fail to be delivered.   GoPayforit is the UK's fastest growing Payforit provider and allows websites, application developers and blogs a simple and easy to use process that can have payment services set up and running within minutes using the easy integration option. Alternatively, comprehensive developer coding options are available for those wanting to do a more integrated setup or use custom branding.   GoPayforit offers the widest range of tariffs, meaning you can find the right price point to match the content. On top of that, you will benefit from the ten day payment terms that are offered as standard, providing better cashflow for content owners.   To get started with the quick online signup process and no monthly contracts or set up fees visit www.gopayforit.com.    Or, for more information please email office AT goPayforit.com