mopay Adds Recurring Billing Feature to Carrier Billing Platform
March 23, 2012
Direct carrier billing technology provider mopay has added an extended recurring billing feature for online merchants who offer subscription-based services and content to consumers. Users’ purchases will be billed automatically in daily, weekly or monthly cycles to their mobile account. mopay says it will roll out the new capability “aggressively” across the majority of its connected countries within the next 12 months.
“mopay’s recurring billing option opens up a new avenue for online merchants to combine their offers with an easy-to-use payment method while simultaneously expanding global reach,” said Kolja Reiss, managing director at mopay Inc. “As online content continues to grow, so does consumer demand; thus it behooves online merchants to offer their customers convenient, safe and fast payment solutions that make the purchase process easy, resulting in more completed transactions.”