Many of
these gateways support more than one method to get mobile payments. For example,
Obopay (among others) makes it absolutely easy to send money to someone. You can
send an SMS to 62729 (in the US) like "send 6505551212 17.95 Pepperoni Pizza plus
Coke" (see the following figure). The money will then be sent to the user with mobile
phone number 6505551212. If the owner of that number does not have an Obopay
account, she or he will get an SMS notification and can sign up to receive money.
Obopay allows payments via WAP, and also special software that you can download
and install on your phone. PayPal too has a "Text 2 Buy" service that allows sending
money with a simple message.
Bango on the other hand, specializes in digital goods under $10. It covers a lot of
regions of the world. And it also complies to Payforit (http://www.short-codes.
com/payforit/)??”a payment service supported by all UK mobile network operators.
Bango also provides extensive reports and search integration.
Chapter 8
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Different mobile payment gateways may offer different features. But the cost is also
a major factor to consider. Consider all the costs involved when you decide on the
payment gateway??”including short code charges.
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