mBlox is the world's largest mobile transaction network and the leading provider of Premium SMS services to companies across the globe.
What is Premium SMS?
Premium SMS (PSMS) is an application-to-person (A2P) mobile billing technology that allows companies to charge for content and other services via the mobile phone. Premium SMS works like a standard text message that is "wrapped" in an invoice. This invoice gets billed to a consumer's monthly mobile phone bill or deducted from their pre-pay account.
Click here for example applications of mBlox Premium SMS.
Advantages of PSMS
- Perfect mechanism for consumers to make one-off purchases or short-term subscriptions for mobile services;
- The convenience, anonymity, and perceived risk reduction makes Premium SMS an attractive option to consumers;
- Fast revenue generation. Funds available quickly to reinvest in business;
- Access
to consumers who do not maintain credit cards.
