New York-based online mobile payments provider Text2Pay has announced that Rogers, Bell, Fido and Telus customers can now use its mobile billing platform to pay for virtual goods and online content from participating merchants, safely and easily. Customers’ mobile phone accounts are billed securely, using a two-factor PIN/Postal code authentication for each transaction. Not only is this transaction method convenient and easy to use, the use of Text2Pay is more secure than using a credit card transaction.
Offering 95% carrier coverage in over 50 countries, the Text2Pay mobile payment platform enables merchants and mobile developers a simple, effective way of monetizing their online offering or adding depth to their current payment options. With no credit card details required, merchants are able to access a wider range of customers and can expect their conversion rates to soar across all customer segments. Text2Pay offers market leading transaction rates and customizes individual pricing solutions.
“We are very proud of our new product and believe this will pave the way to easier, faster and dynamic payment solutions for mobile users worldwide,” said Text2Pay CEO Mark Reiken. “Text2Pay utilizes the latest technology and software. Best of all – it’s white-labeled. Which means we don’t plaster our logo over everything, the client can customize anyway they wish. Working with the Canadian carriers Rogers, Bell, Fido and Telus will really push Text2Pay into the mobile marketplace and make the mobile experience easier.”