Quote:
Originally posted by Vick@Jun 26 2003, 10:40 AM
But we could still lose it all depending on the whims of Visa/Mastercard and when, if ever mass alternative acceptable and marketable payment options become available (I know checks with processed certain companies are a viable option but without 100% real time validation it's still not the yet payment solution we need)
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SMS is huge in Europe and Asia, not sure about the US.
What’s the % of cellphone owners there?
In Europe its damn high, probably around 95% of computer users own a mobile phone
and use SMS all the time, so it’s a system they’re used of and feel safe with.
The price of the service is fixed at around $1-$1.50 per message and you can set up
the length of access your end, so you can bill per film, per day, whatever.
You can’t set up recurring with it, but it should increase premium site usage.
If people can look at 15-20 sites a month, then the amount of surfers looking to buy should increase,
as the lack of non US creditcard usage and scrubbing stops most non US surfers from joining a site anyway.
3rd party fees are still very high, so after paying the mobile networks and the gateway companies you end up with about 1/2 the billed amount, and you have to wait for the $$.
If the volume is there in adult, once a company gets established these fees should drop,
if not someone’s going to get extremely rich.
Last edited by el pres at Jun 26 2003, 02:05 PM