On Wednesday, mopay, a provider of payment solutions for online merchants, announced the addition of an extended recurring billing feature to its global mobile payments platform.
With this new billing option, mopay says, online merchants who offer subscription-based services and content to consumers can now enjoy a new, easy-to-use payment capability.
The new feature enables consumers to subscribe to a variety of different services from magazines to movies to online interactive games. Utilizing mopay’s onetime purchasing process feature, users will be automatically billed in daily, weekly or monthly cycles without further interaction needed.
mopay says the new capability “will be aggressively rolled out across the majority of mopay’s connected countries within the next 12 months.”
“mopay’s recurring billing option opens up a new avenue for online merchants to combine their offers with an easy-to-use payment method while simultaneously expanding global reach,” says Kolja Reiss, Managing Director at mopay Inc.
“As online content continues to grow, so does consumer demand; thus it behooves online merchants to offer their customers convenient, safe and fast payment solutions that make the purchase process easy, resulting in more completed transactions,” Reiss adds.
To learn more, mosey on over to mopay.