Premium SMS Billing is application-to-person (A2P) technology used by businesses that need to bill their consumers using the mobile channel. It works like a standard text message, “wrapped” in an invoice, which either gets billed to a consumer’s monthly mobile phone bill or is deducted from the consumer’s pre-pay account.

The benefits of premium SMS for billing

mBlox’s Premium SMS Billing service lets you take advantage of the growing trend in mobile billing, quickly generating revenue by selling a range of content and mobile services to consumers. PSMS offers many benefits as a mobile billing mechanism:

• Convenience, anonymity, and perceived risk reduction, making it an attractive option to consumers
• A perfect mechanism for consumers, simplifying one-off purchasing and ordering short-term or bulk subscription-based mobile services
• Fast revenue generation, resulting in the availability of funds to reinvest in your business
• Access to consumers who do not maintain credit cards

As the world’s largest mobile transaction network, sometimes referred to as a mobile aggregator or SMS aggregator, mBlox manages more than $500 million in Premium SMS Billed transactions every year in 15 countries on behalf of businesses.