Mobill Cash Allows Customers to Use Mobile Phone Numbers for Purchases

MobillCash is a mobile payment system that allows mobile phone users in 15 countries to enter their mobile phone number in the MobillCash billing form and purchase your products or services. The customer will be billed by the mobile phone carrier; no Credit Card, Bank Account or ID required.

With Mobill Cash already having a strong presence in Europe, the company is expecting to roll out service in North America very soon.

With MobillCash you have the option to absorb zero, all or some of the transaction costs for customers who wish to be billed by their mobile carrier. The vendor claims that in their own testing, the majority of merchants chose to pass the transaction cost on to their customers.

The benefit of this is obvious. With many merchants taking considerable hits from credit card companies for the "privilege" of using their service, this has the potential to change everything.