SMS Billing

SMS Billing, or Premium SMS (PSMS) as it is often known, is the most widely used mobile payment and mobile billing mechanism in use today. Its growth and market acceptance show no signs of slowing down, as more and more consumers purchase content and services via their mobile phones.

The Benefits of Premium SMS for Billing

mBlox's Premium SMS Billing service lets you take advantage of the growing trend in mobile billing, quickly generating revenue by selling a range of content and mobile services to consumers. PSMS offers many benefits as a mobile billing mechanism:

• Convenience, anonymity, and perceived risk reduction, making it an attractive option to consumers
• A perfect mechanism for consumers, simplifying one-off purchasing and ordering short-term or bulk subscription-based mobile services
• Fast revenue generation, resulting in the availability of funds to reinvest in your business
• Access to consumers who do not maintain credit cards

As the world's largest mobile transaction network, sometimes referred to as a mobile aggregator or SMS aggregator, mBlox manages more than USD $500 million in Premium SMS Billed transactions every year in 15 countries on behalf of businesses.

Click here for examples of popular Premium SMS services

How Premium SMS Billing Works

Premium SMS Billing is application-to-person (A2P) technology used by businesses that need to bill their consumers using the mobile channel. It works like a standard text message, “wrapped” in an invoice, which either gets billed to a consumer’s monthly mobile phone bill or is deducted from the consumer’s pre-pay account.

Advantages of mBlox SMS Billing