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Why Billing Revolution Is Betting on Credit Cards for Mobile Payments

Digital Transactions News

Friday, September 25, 2009 - 13:12

Billing Revolution, a mobile payments startup, enables consumers to buy goods through their mobiles. Purchases are charge against the mobile subscriber’s credit card.

Most payments startups focusing on mobile commerce these days are relying on either direct debit or carrier billing to handle funds transfers. But Billing Revolution, a 2-year-old Seattle-based company, is marketing a system that lets consumers buy products on their handsets with a single click, and charge their transactions to their credit cards.

That concept may be starting to gain some traction. On Thursday, Authorize.net, a major e-commerce gateway belonging to Mountain View, Calif.-based CyberSource Corp., agreed to integrate Billing Revolution with its service, making it available potentially to some 250,000 merchants. This followed Billing Revolution’s launch of a reseller program in which it is seeking independent sales organizations and gateways to recruit merchants. The company itself has become an ISO for Elavon, the big merchant processor belonging to U.S. Bank.

Read the full story by clicking the link below
http://www.digitaltransactions.net/newsstory.cfm?newsid=2330
 
Tags: Mobile Payments, Global, Credit Cards, Billing Revolution


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