eBIZ.mobility's Federated Payment™ System facilitates charging digital content purchases such as video, music, ring tones, etc. to the phone bill from any electronic purchasing medium -- whether it's a PC at home or the office, or a mobile phone. It is similar to PayPal, but requires no registration, and no complicated checkout. Using eBIZ.mobility's innovative Federated Payment System merchants do not need to know about the consumer; only that they will get paid for the transaction. Only the network operator or service provider knows the consumer's identity.
eBIZ.mobility's Federated Payment System provides secure efficient processing of on-line digital payment (micropayments and macropayments). By providing the information needed to perform risk assessment and authorization on a per-transaction basis in real-time and then processing payment from subscribers' Telco or ISP accounts, Federated Payment offers a cost competitive payment processing alternative to content providers and on-line merchants. Because the Federated Payment System enables payment from the customer's account (either postpaid or prepaid) and not from reverse SMS, the content provider takes home more while service providers earn their commission.
The Federated Payment System employs a server for deployment at the consumer's trusted billing entity (such as the Telco or Service Provider), as well as a proxy for installation at content providers and on-line merchants with which they can offer Federated Payment as an additional valid payment method.
Where we fit in the value chain...
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