mopay Add Broadband Billing to Lineup
Dec. 22, 2011
mopay, a provider of direct carrier billing solutions for online payment, has extended its solution to include broadband billing. The Palo Alto, Calif.-based company said the new alternative billing channel, available on the mopay payments platform, enables online merchants to charge purchases directly to consumers’ Internet service provider accounts. “With the prevalence and surging growth of online purchases, merchants are looking for ways to offer to consumers the easiest possible check-out. Offering them a tailored portfolio of payment methods will result in higher conversion rates,” said Kolja Reiss, managing director of mopay, Inc. “At the same time, consumers are demanding purchasing options other than credit cards and standard wallets.” mopay said its broadband billing option seamlessly integrates a new billing method alongside its direct carrier and landline billing options enabling the company to offer another highly relevant billing method for customers without access to payment options such as credit card or bank account.