PaymentOne, the company that has been enabling bill-to-phone payments for over 10 years, announced on August 22nd that they had surpassed $5 billion in micropayment transactions for their clients. PaymentOne provides a payment platform that allows consumers to attach the costs of digital transactions to fixed-line phone, mobile phone, or broadband bills, creating a frictionless process that minimizes disruption in the end-users online activity.
“Previously, merchants and publishers were not able to reach the many consumers that could not or would not transact with traditional credit cards online,” said Brad Singer, executive vice president of PaymentOne. “Our vision of enabling all consumers to participate in the digital economy still drives the company today. For the more than 5 billion global consumers with a mobile device, fixed-line or broadband connection, PaymentOne says ‘put your wallet away’ and use your phone number to pay.”
PaymentOne’s services are available through a number of digital merchants, including AOL, Blizzard Entertainment (the creators of the World of Warcraft online game), and Gaia Online.