SMS Payments

OVERVIEW

SMS payments are used to pay for different products and services via a text message sent from a mobile phone. With Dagcoin, the cost for doing an SMS payment will only be for sending the message for a fixed fee and not calculated from the amount transferred.

IMPACT

The SMS payment method is popular in African countries where it is based on fiat currency. This kind of payment option is very useful for people who have simple buttoned mobile phones. Having an option to pay for products, services, and invoices with a mobile phone is convenient if traditional banking comes with a high cost or loads of paperwork.

CURRENT STATUS

Currently, the SMS payments as a service is being developed. Stay tuned for updates!