The rise of pay by phone bill concept

| Nov 12, 2018

Pay by phone bill has emerged as one of the most promising methods of online transactions. It’s safe, it’s simple, and it’s anonymous. The concept of pay by phone bill was officially brought into light in the early 2000s when the Payforit organisation was formed under the aegis of Vodafone, Q2, EE, and O. Initially, the service was offered directly by network providers. However, in 2003, the first pay by phone brand, Boku, came into the market. The gateway was widely used by millions to pay small bills and by 2005 it was introduced into the iGaming industry. The popularity curve of pay by phone method has been on the rise ever since. Currently, all major online casinos offer the pay by phone payment gateway. Most pay by mobile casino sites don’t charge extra for the pay by phone method but does have a deposit limit. Game lovers particularly find this method more convenient and hassle-free than card deposits or online banking, when it comes to small amounts. All you need to remember is your phone number and you are good to go.

 

Advantages of pay by phone bill

Compatibility- All prominent mobile operators of the UK such as Vodafone, EE and O2 offer bills payment through pay by phone bill.

Simplicity- Paying through the Pay by Phone method only requires only a valid mobile number.

Anonymity- Pay by phone method doesn’t require any banking information for deposits. Moreover, the phone number is not provided to the online casino but to a third-party facilitator.

Instant- Pay by Phone method is instantaneous and deposits appear in the casino account within seconds.

Play Now, Pay Later- If you own a post-paid mobile network, you can instantly fund your wagers on credit.

Easy Records- Players are instantly sent an SMS bill for future records, while post-paid deposits will appear in your monthly phone bill.

No Transaction Charges- Unlike card payments and bank transfers, Pay by Phone method usually don’t carry extra charges for deposits.

Mobile phone networks on board

Almost all major telecom companies in the UK provide you the option of payment via phone bill. Some of the dominant service providers include Vodafone, Three, EE; O2, BT, EE, Giffgaff, Sky, Three, Virgin and Tesco. Other localized networks are covered by third-party pay by phone brands like Boku and Siru Pay. Siru Pay is particularly helpful for Scandinavian players as it has a long list of Swedish, Norwegian, and Finnish network providers on boards. Even though different gateways provide different user interface and different validation process, the basic approach remains the same and is extremely simple to use. Payment requests from players are usually validated by SMS code or though reverse SMS process.

Play now Pay later

In the age of mobile punting, players need instant payment options on the go. Pay by Phone method also gives players the option of paying later if they have a post-paid connection. Punters can deposit funds into their casino account, and pay for it later with their monthly bill. This doesn’t incur any additional fees and lets players play without worrying about finance.

Charles Baxendale (BSc, MSc Mathematics and Computer Science)

Charles Baxendale

(BSc, MSc Mathematics and Computer Science)

A keen researcher in the development of methods and theories for computer sciences. A lover of algorithms and mathematical computation. Consultant to online slots software companies and a player in my spare time.