Monday, August 22, 2011

PaymentOne Surpasses $5 Billion Milestone in Carrier Billed Micropayments

paymentone.jpg

PaymentOne, the pioneer in frictionless payment and carrier billing solutions, today announced the company surpassed $5 billion in micro-payment transactions and incremental revenue generation for its digital clients. PaymentOne enables publishers, application developers and digital merchants such as AOL, Blizzard Entertainment and Gaia Online to sell more virtual goods, online and mobile services, and recurring digital subscriptions to consumers around the world. PaymentOne’s simple and secure “click and confirm” process places charges on the buyer’s existing mobile phone, fixed-line or broadband service bills without requiring any disclosure of credit card or sensitive financial information.

Silicon Valley based PaymentOne created this powerful frictionless payments category for internet based services more than 10 years ago, persistently demonstrating growth and innovation into mobile payments and digital commerce on virtually every connected device since. PaymentOne, as a profitable global company, stands tall in a market crowded with new startups with less stable financial situations, less breadth and unproven track records.