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2012

PAYONE REBRANDS; INVENTS ‘NO CREDIT CARD REQUIRED’ CARRIER BILLING

March 12, 2012 0

Early today, we say an update from PayOne (formerly and popularly known as PaymentOne). Their press release noted that the company rebrands to power a truly “frictionless” mobile lifestyle. The rebranding is on a complete basis, wherein they have invented the “no credit card required” carrier billing for digital commerce more than twelve years ago.

PayOne’s new look is refreshing and includes a new website, and a new simplified One-Click mobile payments platform is even launched. This platform is designed for the future of global commerce in support of a 360 degree mobile lifestyle.

Mobile payment platform is getting popular day by day. This rise is in anticipation to the consumption of mobile consumer accounts, which is currently standing at 6 billion accounts and is fast approaching 10 billion connected devices.

The convenience factor is still the most important one, as it allows users to be at home or on the go, to reap the benefits of this service. PayOne is the simplest way to make a payment anytime and anywhere to any connected device. The company claims that, with PayOne, users are just a click away for direct carrier billing.

Joe Lynam, CEO of PayOne said, “Different from offline and ecommerce, every added data element or keystroke required of a mobile consumer on the small screen is a serious point of friction and a measurable point of failure or falloff for a merchant.” He further explained, “Requiring the consumer to enroll, pre-register, provide sensitive personal or credit card data or establish a separate user name and password to make a simple payment amounts to far too much friction for a mobile user. The new PayOne brand represents our mission to streamline and eliminate every single step, process and keystroke possible to optimize the mobile payment experience for the consumer and our partner merchants.”

Lynam continued saying, “There are a dizzying number of use cases where newly connected devices coupled with a simple transaction process will enhance and improve the way we live, work and play,” further adding, “Even the simplest example of paying for parking with a single click from my mobile phone, receiving a text alert when I’m about to run out of time, and the ability to remotely pay for more time with just one click, represents a true convenience that is a reality today with PayOne.”

What are a user’s possibilities with PayOne? As noted in the company’s press release, a user can download an app, stream music and videos, buy movie tickets, pay for parking, bus ticket, and even make an on the fly donation to a worthy charity.

Jupiter research estimates that by 2016, remote mobile payments alone will surpass $250 billion. These kinds of mobile payments will be simplified by PayOne, across all platforms and devices. This will allow mobile consumers to securely pay with PayOne’s One-Click checkout, while applying charges directly to their monthly mobile bill.

For its coverage, PayOne has connected globally with over 1,000 carriers. The company here leverages its deep integrations and patented mobile payment and authentication technology to provide the simplest and most secure mobile payment methods available.

Snap MyLife (www.snapmylife.com) subscribers even got an option to simply charge their subscription fees to their current mobile, landline or broadband bill via any connected device for the simplest transaction experience possible. Snap MyLife is a developer of consumer cloud-service applications for managing content on mobile devices and other Internet-enabled consumer electronics.