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eBIZ.mobility's OneTouch Online Purchasing™ solution opens the opportunity of online payment clearing to everybody. eBIZ.mobility’s solution expands the addressable market for web commerce by enabling trusted service providers and merchants to offer customers a way to pay for those who may not have credit cards as well as for those who may be to "gun shy" to use them online.
Using their telecom service providers, ISPs and other third parties to act as billing agents gives customers the security they need to know that their personal financial information is kept strictly confidential when they make digital purchases.
With OneTouch Online Purchasing™ single sign-on service, 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.
To enable OneTouch Online Purchasing™ Telcos and participating on-line merchants individually sign a standard payment agreement with eBIZ.mobility and install our API. This API does not interfere with any other billing and payment solution that may already be installed- it just adds an additional monetization option. Our product suite enables consumers to purchase from ANY merchant that federates with us anywhere in the world.
The Federated Payment System performs routing of transaction authentication requests and payment authorization for on-line digital purchases by subscribers between the entities in the value chain in real-time.
OneTouch End-to-End Solution Using Federated Payment
Network operators and service providers can realize a comprehensive, risk-free method of maximizing revenue from off-portal digital content no matter what electronic medium their customers use. By implementing the eBIZ.mobility Federated Payment System, service providers can shut out credit risk associated with subscribers for their on-line purchases and offer payment services to content providers, M-commerce merchants, and other value added services on a global scale.
OneTouch Online Purchasing™ exhibits network characteristics; as the number of participants using Federated Payment grows the value of joining increases exponentially. Due to the distributed architecture of our product with its built-in viral-like expansion capability, content providers do not need to pre-register with, nor even be aware of the service provider of each consumer.
Download: eBIZ_OneTouch.pdf
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