Wireless Internet Phase 1

Phase 1 of the project has now launched with the teaming up of a company who offers an alternative payment mechanism for online transactions.

This ecommerce phase was initially going to be phase 4 of the project, but with MobillCash's head start in the field, it was an obvious decision to utilize their technology.

In other project news, the field retesting has gone extremely well, and I would venture to say that the nationwide wireless Internet launch could happen in the next four to six months.

In the meantime, if you are an online merchant, you should definitely take a look at the MobillCash offering. There are no setup costs or merchant fees and this will make an excellent addition to your existing payment processor.

Incentives to use MobillCash:

To make a sale to customers who you can't make a sale to now.

Those that do not have a bank accounts or credit card and or don't want to show ID have the payment be guaranteed upon transaction completion.

Transaction Process:

Consumer chooses MobillCash at your payment options page.

They enter which country the phone is at, If we don't use all carriers in that country they'll choose which carrier.

Instantly see the total amount due in their own currency for that country

Enters mobile number in form, clicks continue

Receives a text message to their phone with pricing, company repeated

Reply with a Y

Transaction is complete they will be charged by the Mobile Carrier

You can see every step of the transaction live, and after the mobile carrier confirms proper credit a few seconds later you will receive the confirmation to release the service/product to customer.

Payments are then guaranteed and you should expect payment in about 60 days.

We are working on options to factor all or part of this payment down to 7 days as an option for some merchants.

This is an excellent alternative to current payment systems without cannibalizing them. Primarily because it costs more for the consumer as they are being billed by the mobile carrier.

If they have a CC and trust you, then they will use it.

If they don't have a CC or bank account then you made a sale where you couldn't before.

To sign up for your free merchant account, simply go to:
http://MobileCashRetailer.com