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Bootstrapping+SMS payments=?


#1

Hi.

I live in Poland. People in my country have the ability to provide simple services with SMS payments without incorporating a company.

Do you have any experiences with bootstrapping products with premium SMS as main payment method?

Greetings from café in Warsaw, Poland, Europe.


#2

I used to work for a company providing SMS payments. The actual amount our clients received wasn’t great compared to credit cards, however for the clients we had it made sense. They mainly sold impulse purchases such as ringtones or porn. When someone is willing to subscribe for £4/day to your service it doesn’t matter how much the payment provider charges :smile:

What sort of product are you thinking of?