Today I'm introducing SmsCoin, a new monetization tool for all types of online publishers and our sponsor for the month. SmsCoin is a company that add a wide range of SMS-based tools to the an extra monetization data source (or at least an additional payment tool) offers to any online business which allows payments from more than 87 countries.
Premium SMS services that the company offered currently support for companies from more than 40 thousand Web sites, including some of the largest social networking gaming and dating websites in Russia (so if you hear Russian DST is buy, participate in something like Twitter in your beautiful investment in Facebook remember, this is how you make a good portion of their money online here). The list of customers is really global as SmsCoin numerous online and real-life companies in Europe and the USA as well as building on your success in Russia, serves where originally started.
The process is actually dead simple for those of you who don't know how such mobile payments work. A site owner is a payment gateway by using a script, sell or grant access to a particular content or service on the website provided. Visitors are with a link to view the prices and encouraged to send an SMS to a short number following specific instructions. If you choose to pay, send the text message and your account with mobile carrier pays a certain amount. A small part of the amount SmsCoin processing fee will be withheld as a carrier gets its share during the Publisher Gets the rest of the crowd.
The advantages are obvious: payments are instant and don't have anything other than a cell phone from a consumer - to everyone without even a PayPal account or credit card to pay. But it is of course obvious disadvantage: the simplicity of the service makes it a welcoming destination for all kinds of fraud that to make it as a quick option some bucks and run away show could never get back be found.
But as with any other payment provider, shopper on the payment provider for security leave numbers - you should instead should attention to who you money and why - pay and the only way to security here is common sense. Another disadvantage of SMS payments usually the high commissions are calculated by mobile network operators (vary from 30% and by country) so you should carefully study the list of countries and of the amounts get your visitors how much prices in payouts to know world pay.
The tool is definitely universal enough for almost all publishers to add it as an additional payment tool. If you want certain parts of your website contents to your block paying guests or look for donations for what increase in mind, the company has a ready-made solution for you. And these are actually the easiest tools you have: you can download user content in exchange for an SMS message, adding funds to accounts in online shops or games or even numbers for premium show to get a good ranking on your site.
For each Publisher, it is important that each new service that you add to your Web pages is reliable and easy to integrate. And when it comes to money, it is even more important. This is why SmsCoin offers more than 150 ready-made scripts for the vast majority of the popular content management systems, including even WordPress (so if you decide to sell your eBook directly to your blog without any additional intermediaries, you will be able who know without a huge deal of coding to implement).
Here in Russia mobile payments market is huge and SMS messages actually serve as the main payment gateway for many sites. It is definitely useful in a country where not everyone has a credit card (or you know how it other than use, withdraw money from ATM or not trusted banks enough, withdraw everything as soon as the funds) and competitors are local PayPal ponderous creatures, who take age will add resources and a huge fee, if you ever tried withdraw it. So it's no wonder that here can buy practically anything online with a text message.
It is of course in the United States and in Europe the situation with micropayments in more friendly common way, users and publishers. But still given that there is no registration or setup fees, why not give it a try - who know your audience could appreciate the extra payment option. And because SmsCoin currently worldwide works with mobile operators in 87 countries, for some users it might just be the most attractive option, and you appreciate your efforts.
In addition, there are some areas where such services have to offer something unique. In fact, where I see a huge potential for popular blogs with SmsCoin SMS is in: chat solution. A blogger just is a sidebar widget received the texts (and display links!) about SMS messages from the visitors for a fee - and adds an additional source of income for the blog linked not all efforts of a sales team is. Can you imagine how many want to be featured startups on all sides of the TechCrunch for a few minutes and a small fee?
Full disclosure: SmsCoin is, as already mentioned, currently Profy sponsor.
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