Paying Via SMS? Is It Time To Ditch Paypal?

It's an interesting idea: Pay with your phone via SMS, instead of having to download an application and pay via your credit card. And merchants who choose to offer more (and thus save the number in their database as a client), the easier it is to get I guess. It's also probably best suited to micro-purchases, those under $ 3.00 and generally too small for most people to worry about paying by credit cards.

From what I can tell, the company, known as Mhita, works somewhat like an alternate version of Paypal, but instead uses SMS as the payment gateway and makes it easier to purchase items such as food in advance before picking.

All purchase orders are made in the phone, while the funds can be completed online or via SMS. To be honest, it all seems very 1990s, when calling the messaging technology is still fairly new at the time. And they are not alone in pursuing the idea is there: in 2006, Google filed a patent for a similar SMS technology called GPay.See the images below to see how this patent was supposed to work:

Another competitor, Dao Pay is already in 200 countries, it remains to be seen before the market size to grow and can afford to treat more than competitors.

For now, the service Mhita (which unfortunately sounds like a knockoff of a pool video hits TV show) has had only one store with the payment system in Sydney and a handful of coffeeshops in the area Canberra. Since most of these alternative payment systems - the key is having enough people to use it to be more effective.Given the choice between credit, cash and SMS, you prefer to pay with it? Tell us below.

Some take away with me have this.

You must register on the site of corporate payment SMS reload the payment system with your CC, and then use SMS to pay.

Exactly how is it easier than paying with credit card or POS? Single call is that you usually get a small discount by using this system, however, such purchases are so small I could not care a discount of 5%.

It feels like buying pre-paid mobile credit to me.

One thing I see is that if you use it for a regular coffee - coffee as the fave - then the ability to trigger a pre-order can be a nice bonus.

It should be clear direct association between you and a regular provider that you use often, but it is a potential advantage must adopt sufficiently diffuse that you have this kind of relationship available.

is using paypal a scam on craigs list? ยป Answer

You only pay via Paypal. He will send you an email that looks as fake as Paypal saying the money was sent, but you must send the tracking number before the money will be credited to your account, which is complete BS

To stay safe on Craigslist, dealing with local buyers and cash only. meet him at his bank and he can get a cash advance from her credit card.


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