How does pin submit and mobile subscriptions offer work?

roboxooo

Thok
Jul 18, 2009
99
1
0
example.com
How are they working? Whats their backend. I am curious.
Other regular offers do credit card processing and that is understandable. But how does this mobile subscriptions services charge customers? What the companies facilitating this type of payment options?
 


Premium rate mobile billing. they lose about 50% to the provider though, so margins are thinner than CC billing, but they do charge a hell of a lot.
 
I was looking to get into the shortcode business (mobile processing).

Person enters their cell #

Enter code to activate (results in a monthly charge ($15-20)

They get access to the product

I get paid 90 days later (thats the catch, your first payment is 90days later, but as long as you have atleast one sale per day, you get paid daily after that wait)