Experiencing high payment failure rates in prepaid?

The adoption of prepaid mobile services is one the fastest growing segments for mobile operators in the US.  The growing popularity of unlimited and PAYGO services continue to innovate and attract a diverse population of users.  As a mobile publisher, selling services to prepaid operators is become very attractive since the user segments adopting prepaid plans are often more innovative and have a higher propensity to purchase premium data offerings

However, the value chain involved in selling services to the prepaid mobile users are being plagued by a high volume of data purchase failure rates due to insufficient funds in the prepaid wireless accoount.  Even worse, the failure rates for data purchases on Unlimited Prepaid plans is often as high as 80 percent since most operators have failed to provide supplementary accounts which can loaded and used for purchasing content.

These are the very reasons SwipePay was created—to help reduce billing failure rates and assist the entire value chain in maximizing sales.
 

Generate new revenue streams and maximize existing channels.

The growth of social networking and community sites has been unprecedented.  More than 50 million users in the United States use one or more of these services each day.  This massive adoption combined with the availability to access these services from the mobile device has fueled the proliferation, frequency and usage of these services and making social network properties one of the most frequented destinations next to search engines.

The problem, however, is that social networking properties have not been able to build a business model to take advantage of the ongoing interaction between users, until now.  SwipePay provides a set of brokerage services that allows mobile and web properties to offer P2P payment services combined with airtime reload capabilities regardless of carrier.  SwipePay can even support the ability to maintain a cash value or credit based wallet service to allow the unbanked or credit challenged customers to create an account real or virtual purchase services at little to no startup costs.
 

Who we support?

Social networking, chat and dating sites, multiplayer gaming, subscription based applications, micropayments, and anywhere where payments is needed.