PaymentPins Success
PaymentPin holds a proven track record of increasing site revenues by enabling mCommerce and allowing anyone, anywhere to transact over the web without having to use their credit card. PaymentPin provides a direct access to new revenue channels previously unavailable without alternative payment options.
The impressive results produced by this service enable website owners or operators to augment their revenues without incurring any capital expense. Just a few highlights of our recurring success stories are highlighted below.
PaymentPin Solutions
1 – 900 # Billing
Completely Secure
Billed against phone line
No credit cards required
Mobile Billing
Unique PIN #’s Issued Via SMS
International Coverage
No credit cards required
| Vertical Market |
Social Networking / Dating |
URL |
www.DoYouLookGood.com |
Challenge |
Newly launched social networking site seeking a way to increase revenues and paid subscriptions from the market share unable, or unwilling to transact online using their credit cards. |
Solution |
Installation of the PaymentPin software in 2006 with a first phase launch of the Phone Line Billing service. |
Results |
An immediate increase in revenues was observed within 30 days of activation followed by a 100% increase in fees billed after the mobile micro-payment service was introduced. |
Vertical Market |
Dating |
URL |
www.NetClub.com |
Challenge |
Established personal ads/dating site looking to enable revenues from users who do not hold active or valid credit cards. |
Solution |
The integration of the PaymentPin service allowing for the collection of memberships fees or paid services on the site by home telephone lines or mobile phones for non-credit card holders. |
Results |
Within the first 3 months of activation an increase of revenues over 35% was observed, and the site was subsequently sold to Match.com because of its increased profitability. |
Vertical Market |
Reality TV |
URL |
www.LoftStory.tqs.ca |
Challenge |
Targeted towards the teenage or twenty-something generation the majority of viewers do not have access to credit facilities needed to traditionally transact online. |
Solution |
The integration of the PaymentPin service in 2005 with multiple price points enabled the general public to transact online without the use of credit cards. |
Results |
Through the use of multiple price points revenue increases of 25% were observed and subscriptions sold have consistently doubled each season. |
| Vertical Market |
Social Networking |
URL |
www.monlip.com |
Challenge |
A community information portal looking to monetize their web traffic although unable to capture revenues through credit cards because of the small monetary amounts charged for content or services. |
Solution |
The integration of the PaymentPin mobile billing service offered multiple price points and enabled general public to transact online. |
Results |
Within 24 hours of activation over 1000 transactions were completed with volume exponentially growing each day. |