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Q:How can a customer make a purchase without Cash?
A:
With Mobillcash the consumer is receiving instant credit from the mobile phone carrier. When the customer approves the purchase by responding with a Y or Yes to the text message he is giving approval to his Mobile Phone Carrier to bill him for the amount stated. The mobile phone carrier will actually be making the payment on behalf of the customer to Mobillcash.
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Q:Can a customer use Mobillcash if he has a Pre-paid phone service?
A:
Yes, if the customer has enough pre-paid credit on his service at the time of transaction.
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Q:How can the customer make a purchase without ID?
A:
With the Mobillcash Secure Payment System, it is ok for a merchant to request nothing from a customer and still be assured the transaction is authenticated. Unlike credit card merchant systems, Mobillcash does not collect or link to any of the customers personal information to complete and authenticate the transaction.
The mobile phone carrier along with the Mobillcash Secure Payment system verifies hundreds of items along the transaction and the phone carrier approves the transaction knowing for sure that it is that specific phone that has authenticated the transaction.
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Q:How many mobile phones are in the world?
A:
The subscriber count reached 2.7 billion by end of 2006, and reached 3 billion by July 2007, faster than expected. Around 80% of the world’s population enjoys mobile phone coverage as of 2006. This figure is expected to increase to 90% by the year 2010.
Source:
http://en.wikipedia.org/wiki/Mobile_phone
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Q:Which countries have largest penetration of Mobile Phones?
A:
China at over 500M subscribers is the largest. The U.K., Luxemburg, Hong Kong and other countries account for more mobile phones than people. At this time, Africa has the largest growth rate of mobile subscribers in the world, about twice as fast as Asia. On a numerical basis India is the fastest growing with 6 million new subscribers per month and just under 18% penetration rate and is expected to reach 500 million in 2010.
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Q:What percentage of people still fears using their Identity online with financial transactions?
A:
We are not sure. In the U.S. over the past three years online banking and bill pay adoption have leveled off, and 38 million consumers are less likely to recommend online banking in 2007 as in 2005.
Source:
http://www.javelinstrategy.com/uploads/714.F_2007OnlineBankingandBillPayment_Brochure.pdf
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Q:What is Mobillcash?
A:
Mobillcash is a mobile payment system that allows over 500 million mobile phone users in 15 countries, to simply enter their mobile phone number in the Mobillcash billing form and purchase products or services. The customer will be billed by the mobile phone carrier. No Credit Card, Bank Account or ID required.
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Q:How can a customer pay with Mobillcash and not have a credit card or bank account?
A:
When a customer uses Mobillcash secure payment system they are agreeing to pay their mobile carrier for the transaction, and the mobile carrier will bill the customer. The mobile phone number and system along with the Mobillcash Secure Payment system are the only items involved in completing the transaction. No personal information, bank account or credit cards are required to complete the transaction.
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Q:How does the Mobillcash process work for the customer?
A:
We answer below, but it is so simple, why not just try it yourself.
Click here for demo and click the live demo link. It’s simple and easy.
- The customer chooses Mobillcash payment option.
- They will see total price to pay and enter their mobile number.
- They will select the country
- A text message will be sent.
- They respond to text message with Y for Yes or Stop/No to cancel.
- Once they respond, the transaction is complete.
- If Y for yes, then they will be billed by the mobile carrier.
- Click here to learn more about how it works for consumers.
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Q:What type of products can a Merchant sell with Mobillcash?
A:
The short answer is about anything within the limits of the mobile carriers.
The reality is with the guaranteed payments taking around 60 days to reach merchants, many merchants selling membership programs, services or digital media (see below), or other things without hard cost of goods will be the predominate merchants using Mobillcash during the early stages of Mobillcash.
We have found that once a merchant understands that Mobillcash allows them to sell to new customers that had no other way to purchase from them, and the payment is guaranteed that they gladly accept the increased revenues, without the risks associated with other payment options.
Mobillcash is not geared to accept large items that have to be shipped to customers at this time. The carriers are not yet inclined to give instant high credits to the customers yet.
Digital Media includes:
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Monthly, Weekly and Daily Membership programs
- Recurring and one-time charges
- Services
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Digital Media of all types:
- Computer-generated text
- (E-Books, White Papers, Documents),
- Graphics,
- Animations,
- Photographs,
- Sound (Audio / Music),
- Video,
- Software Programs,
- Online Games,
- And More...
Additional Info:
In Europe online membership programs are seeing transactions in the $300-$400 U.S. range.
In the U.S. the limit is $100 per month for most items, until the carriers get a better feel for mobile payments as they are in Europe.
A lot will change with regard to limits and types of products in the future as this market is rapidly expanding and carriers will better understand the needs and wants of the consumers.
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Q:How much can a customer pay with Mobillcash?
A:
This varies by carrier and country.
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Q:How can a merchant allow a customer to be completely anonymous?
A:
The transaction is the same to Mobillcash and the mobile carrier if you request personal information or not from the consumer. If you allow anonymous transactions, Mobillcash has a service available that allows you to communicate via text messages to stay in touch with your customers even when you don’t know who they are.
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Q:What other services does Mobillcash Offer for Merchants?
A:
Mobillcash also offers you a marketing application that will allow you to send out SMS marketing messages to consumers that have previously made payment using Mobillcash.
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Q:What are the merchant benefits for using Mobillcash?
A:
See bullet points below:
- Zero risk, No Term Agreement
- Guaranteed payment.
- <0.03% charge backs.
- Simple integration.
- Instant setup.
- Ability to sell to the 12 - 17 year old markets directly.
- More secure than a credit card billing platform.
- No collection of personal data (credit card numbers, etc.)
- No collection tasks.
- Customer pays all transaction charges.
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Q:Why do you say No Risk to the Merchant?
A:
Mobillcash costs nothing to the merchant. The merchant can set up the account to collect 100% of the sale price, without fees. Over 100 mobile carriers have approved the secure Mobillcash payment system to the point they guarantee payment even if the consumer doesn’t pay.
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Q:How can you guarantee payments when the credit card companies, banks and other payment options can’t?
A:
Because of the way Mobillcash handles the transaction with the consumer, over 100 Mobile Carriers world-wide including some of the worlds largest like AT&T, Vodafone, T-Mobile and others have agreed to pay for the transaction.
This guaranteed payment falls under International Telecommunications Acts as well as government laws that all Mobile Carriers use to make payments between each other. This delivers additional assurance that the payments will always be made in a timely manner.
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Q:How can there be no Set Up costs or Transaction Fees and the merchant receives 100% of the sale price?
A:
With Mobillcash you have an option to absorb zero, all or some of the transaction costs for customers who wish to be billed by their mobile carrier. These are typically people who won’t or don’t have the ability to purchase any other way, but want your product or service.
The majority of our real world testing showed us that merchants selected to pass 100% of the transaction fees onto the consumers and new customers and revenues kept coming in.
The proof’s in the Results:
Our real world testing proved to us that that Mobillcash brings you new business you never could capture before.
New business:
- That doesn’t affect your existing payment options,
- That you don’t have to do any collections,
- That you don’t have to worry about charge backs,
- That pays you 100% of your sales price,
- That increases your revenues, cash flows and profit margins without additional expense.
- And opens a whole new world of customers in over 15 countries that now can purchase from you 24 hours a day without Cash, Credit, Credit cards or Bank Accounts.
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Q:How come Mobillcash states <0.03% charge backs which are substantially lower than Credit Cards?
A:
Because the mobile carriers guarantee payment, charge backs rarely occur. The primary reason the merchants will see a charge back is if the merchants themselves don’t deliver the product(s) or service(s) the customer purchased. Consider this like a cash payment, because once the transaction is complete it is very difficult to reverse, and issues need to be resolved between the customer and the merchant including refunds.
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Q:How easy is it to install Mobillcash on a website?
A:
Very easy. Most merchants can signup and have a payment button ready for their website in a few minutes with our Mobillcash link creator. No programming or IT skills required.
We also have a secondary installation process where Mobillcash is integrated within your existing shopping cart. This will take a couple of hours of work, and most merchants are up and running in a day. We have staff available to walk you through the process as well as complete documentation.
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Q:How can a merchant accept a payment from a minor under 18 years old?
A:
As long as your product is legal to be sold to minors then age limits are not required for the mobile carriers to accept the Mobillcash payment transaction without age verification.
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Q:How is Mobillcash more secure than a Credit Card?
A:
There is no personal or financial identification connected to your wireless phone number for someone to steal. Nobody can make a transaction without use of your phone number and your phone. A credit card is directly connected to your credit, financial and personal ID files, and if someone has your credit card numbers he doesn’t need to have the card on hand to make the transaction.
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Q:How can Mobillcash advertise no Identification required by the consumer?
A:
With the telecommunications acts the mobile phone carriers do not require Identification if the payment is completed using the Mobillcash payment platform.
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Q:Are you saying a Merchant won’t have any collection expenses?
A:
We can’t guarantee you will never have any collection expenses, but we can say if you deliver your products and services to your customers then the payments are guaranteed to be paid to you and you won’t have to worry about receiving payments guaranteed by major corporations running multi-international mobile carriers world-wide.
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Q:Why would a consumer pay all of the transaction fees?
A:
There could be multiple reasons. They don’t have any cash, credit, credit cards or bank account to purchase your products, or they don’t want to risk their personal or financial identification with online merchants or people they don’t know.
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Q:What are the Costs to Merchants?
A:
No setup cost, no transaction charges and you can keep 100% of sales price.
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Q:How does Mobillcash offer Free Merchant Accounts to merchants?
A:
No special hardware or equipment is required for the merchant, and our service is simple and easy to use. We want to stay #1 in the world. The only way to stay number one is to allow many merchants to activate merchant accounts so they will see that Mobillcash increases their revenues by allowing them to sell to people they never could sell to previously.
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Q:How can you offer a free merchant account and the merchant pays no transaction fee?
A:
See our answer to the FREE Mobillcash merchant account for the first part of this question. The Mobillcash payment system is very unique as it allows customers without any other means of making a purchase to do so. Because of this unique value, our experience has shown that merchants can pass along 100% of the transaction fees and have no expense other than collecting the payment from Mobillcash.
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Q:How can a merchant make 100% of the sale price without costs?
A:
With Mobillcash the majority of merchants will select to pass along 100% of the transaction fees to the consumer. When a merchant does this, they will receive 100% of their sale price, without transaction or collection costs.
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Q:How is Mobillcash more secure than credit cards for customers?
A:
A credit card is linked to personal, financial and public credit information. A Mobillcash transaction is only using the customer’s mobile phone number. A Mobile Phone number is not directly connected to any personal or financial identification.
Additionally, the digital mobile phone systems are some of the most secure networks in the world. Banking systems are now beginning to trust them more than the Internet.
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Q:Can some merchants offering Mobillcash payments be less secure than others?
A:
No. All merchants using the Mobillcash system are the same. All mobile cash technology and security information is stored within Mobillcash, not with the merchants.
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Q:How can a customer purchase anonymously with Mobillcash?
A:
The transaction is the same to Mobillcash and the mobile carrier if they do or don’t give personal information to the merchant.
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Q:What will the customer see when they use Mobillcash?
A:
We answer below, but it is so simple, why not just try it yourself.
Click here for demo and click the live demo link it’s simple and easy.
The customer chooses Mobillcash payment option. They will see total price to pay and continue by entering their mobile phone number and clicking continue. They will select the country they have mobile service in, and a text message will be sent. The status of the transaction is also online. Once they respond to the text message the response will immediately appear online confirming their acceptance or rejection of the purchase. The transaction is complete.
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Q:You state Mobillcash is like giving 30 days or more terms to customers. How does this work?
A:
When a customer pays the merchant with Mobillcash the transaction is completed immediately. The mobile carrier will bill the customer on the next appropriate bill. If the customer’s billing end date was yesterday then they would receive the bill typically 30 days from yesterday and assuming they have to pay this 15-20 days after receiving the bill, then in most cases the customer will get 30 or more days to pay the bill after making the purchase.
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Q:How easy is Mobillcash for the customer to use?
A:
Customers find it very easy. They only need to remember their mobile phone number and be able to reply “y” or “yes” to the text message they receive. No long credit card numbers, billing addresses, three digit security codes, expiration dates or other similar items associated with online checks or credit card transactions.
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Q:Can the customer view their Mobillcash payments online?
A:
Yes, at Mobillcash.com we have an online verification and lookup process for customers.
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Q:When will a consumer have to pay for Mobillcash purchases?
A:
Depending on the billing cycle and the date of purchased with Mobillcash, the amount purchased will be on one of your next two mobile phone bills as a Premium SMS charge.
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Q:Is there a limit to how much a customer can pay with Mobillcash?
A:
Every country and mobile carrier has varying limits daily and monthly.
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Q:Does the customer need to contact the mobile phone carrier prior to purchasing with Mobillcash?
A:
No. Each carrier offers an automatic credit for each customer. Even customers on pre-paid services, if they have enough credit, can purchase with Mobillcash.
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Q:How does the Mobillcash Affiliate program work?
A:
Refer a merchant and earn a % of every transaction from every merchant you refer to our website that signs up as a Mobillcash merchant.
As an affiliate you will earn a % of all transactions no matter what product or service is sold. At Mobillcash we don’t sell any products or services. We simply help others sell more of their products and services. We help those who don’t have any other way of making a payment or those who want to protect their personal and financial identification make the purchase simply and quickly.
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Q:How much do you want to make every month?
A:
A partial answer is below. Sign Up today and you can review the complete confidential compensation plan.
| Referred merchants |
*Estimated G.P. (Mo. gross profit) |
*Tier 1 (Est. monthly income) |
*Tier 2 (Est. monthly income |
| 20 |
$1000 |
$3k-$5k |
$1.2k-$2k |
| 100 |
$1000 |
$17k-$25k |
$6.8k-$10k |
| 1000 |
$1000 |
$250’000 |
$100’000 |
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