Increase Market Size & Reach
Mobillcash guarantees the payment to merchants upon transaction completion.
Mobillcash has a proprietary billing system that provides the network operator and the merchant with immediate cross network delivery notification, verification and charge to the consumer.
Merchant Settlement
M-commerce billing requires that funds are collected in three stages:
- Stage 1. Consumer receives bill from network operator at the end of the month in which the transaction takes place (operator collects funds).
- Stage 2. Network operator generates Mobillcash revenue statement and processes payment (average 30 days after stage 1).
- Stage 3. Mobillcash receives payment from the network operator 30 days after stage 2 and settles immediately with merchant.
Merchant settlement is made by bank to bank wire transfer.