NEW YORK, NY--(Marketwired - Jul 15, 2016) - When it comes to text messaging, numbers really do tell a compelling story. It's been a little over two decades since the first short message service (SMS, better known as the standard text) was first sent, and today the world sends and receives some 8 trillion texts a year; almost 16 million messages per minute. In the U.S., the numbers are equally impressive: 6 billion text messages are sent each day.
While the technology has proven itself highly useful for rapid communication -- text messaging is a vital tool for businesses of all varieties, and for their customers too when completing mobile payments.
Unlike other more complicated mobile payment systems that require special readers and downloaded smartphone applications, an SMS payment system easily integrates with existing SMS functionality. And that ease of integration makes it more likely businesses and consumers will embrace its use.
Recognizing the near-ubiquity of SMS and its increasing mobile payment potential, E-Complish, a leading payment solutions provider, is pleased to announce that its subscription-based Text2Pay SMS payment system is transforming the efficiency of businesses of all sizes and helping consumers better manage their money.
Paperless Billing Is Nothing to Paper Over
Text2Pay is much more than just a text-based payment system. The service includes a wide array of features designed to help customers eliminate paper bills, reduce late or missed payments, all while being able to schedule automated payments or receive payment reminders. The service also guarantees text message delivery, compliance with the FCC, and adherence to the Mobile Marketing Association's Best Practices guidelines. Best of all, Text2Pay is easy to integrate with all E-Complish solutions using the company's all-in-one online payment system, VirtualPay.
"In today's increasingly on-the-go, mobile world, consumers and businesses alike desire instant payment capabilities, and they want the peace of mind that these transactions are safe and secure, with the lowest risk of data theft," said Stephen Price, E-Complish's CEO. "Text2Pay exceeds these expectations and is ideal for a host of brands including utility companies, the telecom and mobile phone industry, financial lenders, the rent-to-own industry, the personal and business insurance industry, property management, and dozens more."
The way it works is simple: Customers sign up for E-Complish Text2Pay and choose whether they want to pay bills directly through Text2Pay, or just be reminded when a payment is due. For customers who wish to pay directly, payment account information is entered in the E-Complish secure system and a personalized PIN is created to verify payment.
When a bill is due, Text2Pay sends a text notification to each customer. Upon receiving the text message, customers signed up through Text2Pay can submit their PIN number and make a payment any time, day or night.
"For businesses still on the fence regarding this innovative SMS payment solution, E-Complish also offers a Text2Pay demonstration free trial offer," Price added. "All interested parties have to do is text "demo" to 443-453-5288 to begin discovering how Text2Pay can work for them."
It's been 24 years since Neil Papworth sent the world's inaugural text "Merry Christmas" and since then mobile messaging has matured into a more than $250 billion industry. It's humbling and exciting to think where mobile payments will take the industry next.
Founded in 1998, E-Complish's mission is to deliver a wide selection of secure and dependable services, making it easy for its customers to process and report on all types of transactions. For more information about E-Complish and its suite of online business solutions including its IVR payments system visit http://www.e-complish.com or call 888-847-7744.