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Solution 1 Mobile Phone Payments
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Start accepting Online Payments via a smartphone

Mobile phone payments, also known as M-Commerce and M-Wallet, provides your customers with the ability to pay for goods and services using their smartphone device. 87% of the world owns a mobile and according to research, sales of smartphones will to continue to grow by 75% each year.

The first billion mobile owners took over 20 years, while the last billion took only 15 months.

Mobile Phone Payments

Start taking mobile payments today

With our Payment Solution 1 Account we provide the ability for you to start accepting payments via mobile devices from your customers. This is part of our UPP Integration Model. Manuals and integration guides are available once your application is approved and ready for integration work.

Want to get the most out of your mobile website? Read our top tips for mobile site design >>>

M-Payments will be available for our high-risk and adult accounts in the next 12 months

Spending on mobile devices is expected to increase by 50%

A report published by Barclays shows consumer spending on mobile devices will increase to £13bn by 2021 compared with £650m in 2011. The growth of mobile sales will be driven by increases in smartphone technological such as 4G and NFC. In 2021 retail sales are expected to be worth some £390bn, with m-commerce accounting for 5% of sales.

Risk Management and Compliance

In May 2012, The PCI Security Standards Council issued a new document which explains its views on Mobile Payment security, and provides guidelines for online merchants, which accept payments through mobile devices, such as smartphones or tablets.

“The ability to use smartphones and tablets as PoS terminals to accept payments in place of traditional hardware terminals offers great flexibility,” a prepared statement reads. “As mobile technology continues to change at a rapid pace, the Council continues to work with the industry to ensure data security remains at the forefront of mobile evolution.”

 
What is the most important factor for consumers?
What is the most important factor for consumers?

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Related Pages

How long does it take to set-up
Application procedure
Associated documents and ID
Solution 1 Merchant Account Costs and Fees
What is a merchant account
What is a payment gateway
Web-Merchant provides you with the ability to accept credit and debit cards in your online business
Web-Merchant Services Limited © 1997 - 2013 Registration No. 03919014
Anti-Money Laundering Registration No. 12709698. Data Protection Registration No. Z3544745.Fully compliant with (PCI DSS)

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