Seconds Enables Text-Based Payments by Keyword
Oct. 1, 2012
Seconds, a Seattle-based mobile payments startup, on Friday unveiled its online and mobile payment platform that enables anyone to make or accept payments online or via SMS. The company, which launched with select merchants in January of this year, aims to democratize payments and is aiming its service at small, independent businesses. The platform also enables merchants to create keywords they can deploy with corresponding dollar amounts customers can use to pay those amounts instantly.
“The new payment interface is the start of an interesting direction we are steering towards—the merging of Text, Search and Payments,” said Nick Hughes, CEO of Seconds. “It’ll be exciting to see how it’s used and where it will go from here, especially with a merchant’s ability to create keywords and auto-transactions.”
Seconds uses Stripe and Dwolla to enable its payments, so merchants using Seconds must pay their processing fees in addition to the 50 cents per transaction Seconds charges. The text-enabled account that lets merchants establish payment keywords is an additional $5 per month.