Reverse SMS Billing for Low Value Transactions
Reverse SMS Micro Billing / Premium SMS offers consumers an alternative payment method for low value items. There are many terms used such as SMS premium, SMS, sms broadcast, premium sms providers, group sms messaging, premium sms billing, sms messaging provider, micro billing, short code service provider. Whichever used, by using premium rate SMS text messaging the cost for the item can be charged to the consumer’s mobile phone bill.
Micro billing is increasingly being used as an alternative to credit card transactions where the purchase is for low value items such as such as concert tickets, software downloads, magazine subscriptions, music MP3s or CDs etc.