PaymentOne has surpassed $5 billion in micro-payment transactions and incremental revenue generation for its digital clients.
PaymentOne enables publishers, application developers and digital merchants to sell more virtual goods, online and mobile services, and recurring digital subscriptions to consumers around the world. The company’s “click and confirm" process places charges on the buyer’s existing mobile phone, fixed-line or broadband service bills without requiring any disclosure of credit card or sensitive financial information.
“Our vision of enabling all consumers to participate in the digital economy still drives the company today," said Brad Singer, executive vice president of PaymentOne. “For the more than 5 billion global consumers with a mobile device, fixed-line or broadband connection, PaymentOne says ‘put your wallet away’ and use your phone number to pay."
PaymentOne has a series of patents for mobile payments, a simple user experience using a phone number as the basic key, and what it calls a secure “fraud-proof" payer authentication process. The company says its AnyPhone solution is the industry’s first and only multi-mode carrier billing payments service, automatically detecting the best and least-cost way to bill the consumer from virtually any connected device using mobile, fixed-line or broadband bills.
PaymentOne says its payments process creates minimal disruption in the end-user's online activity, making it the ideal platform for multiplayer games, in-app payments, digital subscriptions and social network activities.
