MobilePay+ is a new meta-payment solution for mobile payment processing. It aggregates thirteen mobile payment providers and combines them. The product will then direct users to use the provider with the most favorable rate in a given country. This will allow Paymentwall's partners to optimize their payments by always using the best possible solution wherever their users are.
Paymentwall analyzed the international mobile payment space and concluded that there was not one dominant mobile payment provider throughout the world. Rates and engagement from country to country varied with each provider. What MobilePay+ will do is make sure the option with the most favorable fee is the ones processing the transactions in a given country.
To collect the data Paymentwall created a tool that analyzes the rates, the charge back scores and the payout time for each mobile payment provider. Paymentwall then uses this data to score each provider in each country. The payment provider with the highest score in a country will be the one used to process the transaction.
Paymentwall's payment processing partners can also choose to gain business in any region by adjusting their rates and in turn gain a more prominent usage from publishers using MobilePay+. In essence this will allow payment providers to “bid” on processing the transactions in a particular region. This bidding will result in better bottom lines for publisher using MobilePay+.
Anyone who is interested in monetizing their digital products with mobile payment providers. This can include everything from standard payment processing, to subscription packages to virtual currency.
MobilePay+, like all products produced by Paymentwall, is backed by a 24/7 customer service team and Paymentwall's advanced fraud protection tools.
