Mobile First Launches Mobile Payment Solution For Virtual Goods Purchases
Merchants, are you tired of losing online sales because you only take payment by credit card? Mobile First, a provider of premium SMS text messaging services, just announced their Mobile Payment processing solution. Your online customers can now make purchases using their text messaging-enabled cell phones – a method that Mobile First claims has at least 8x the conversion factor, at least in the USA.
Imagine a 65% conversion rate for phone-based payments compared to 7% for credit card payments, in the USA, and a potential 1.7B
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