Comments on: Paymo Strikes Deal With hi5 To Use Mobile Payments For Virtual Goods http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/ Startup and Technology News Thu, 26 Nov 2009 22:02:03 -0800 hourly 1 By: BOKU Launches, Makes Some Mobile Purchases For Mobile Payments http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2805429 BOKU Launches, Makes Some Mobile Purchases For Mobile Payments Tue, 16 Jun 2009 18:58:37 +0000 http://www.techcrunch.com/?p=48669#comment-2805429 [...] international base with the acquisition of Paymo and Mobillcash. Paymo and social network hi5 recently partnered to let members in 24 countries use their mobile phones to purchase hi5 Coins, hi5’s virtual [...] [...] international base with the acquisition of Paymo and Mobillcash. Paymo and social network hi5 recently partnered to let members in 24 countries use their mobile phones to purchase hi5 Coins, hi5’s virtual [...]

]]> By: The Far Edge » Blog Archive » hi5 Adds Chat, With A Social Twist http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2732664 The Far Edge » Blog Archive » hi5 Adds Chat, With A Social Twist Tue, 05 May 2009 22:25:29 +0000 http://www.techcrunch.com/?p=48669#comment-2732664 [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...] [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...]

]]> By: The Far Edge » Blog Archive » hi5 Adds Chat, With A Social Twist http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2732663 The Far Edge » Blog Archive » hi5 Adds Chat, With A Social Twist Tue, 05 May 2009 22:25:29 +0000 http://www.techcrunch.com/?p=48669#comment-2732663 [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...] [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...]

]]> By: hi5 Adds Chat, With A Social Twist | Free iPhone http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2731686 hi5 Adds Chat, With A Social Twist | Free iPhone Tue, 05 May 2009 13:27:27 +0000 http://www.techcrunch.com/?p=48669#comment-2731686 [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...] [...] and is also focusing on engaging users though casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. The social network is hoping that real-time chat will [...]

]]> By: Following Their Massive Layoffs, Hi5 Gets A New Leader http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2715265 Following Their Massive Layoffs, Hi5 Gets A New Leader Sat, 25 Apr 2009 00:03:02 +0000 http://www.techcrunch.com/?p=48669#comment-2715265 [...] is now focusing on forms of entertainment like casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. Gossman, who obviously has experience in monetization, [...] [...] is now focusing on forms of entertainment like casual gaming and micro-payments. Hi5 also recently partnered with Paymo to power mobile payments for virtual goods. Gossman, who obviously has experience in monetization, [...]

]]> By: In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2697328 In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan Tue, 14 Apr 2009 14:39:10 +0000 http://www.techcrunch.com/?p=48669#comment-2697328 [...] gaming section which hi5 said would prove very important for making money in the long run, and partnering with Paymo to power mobile payments for virtual goods. The partnership with PlaySpan once again shows that [...] [...] gaming section which hi5 said would prove very important for making money in the long run, and partnering with Paymo to power mobile payments for virtual goods. The partnership with PlaySpan once again shows that [...]

]]> By: In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan | CHARGED's Digital Lifestyle at Work or Play http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2697313 In Quest For Real Revenue From Virtual Goods, hi5 Teams Up With PlaySpan | CHARGED's Digital Lifestyle at Work or Play Tue, 14 Apr 2009 14:30:27 +0000 http://www.techcrunch.com/?p=48669#comment-2697313 [...] gaming section which hi5 said would prove very important for making money in the long run, and partnering with Paymo to power mobile payments for virtual goods. The partnership with PlaySpan once again proves that [...] [...] gaming section which hi5 said would prove very important for making money in the long run, and partnering with Paymo to power mobile payments for virtual goods. The partnership with PlaySpan once again proves that [...]

]]> By: Roundup: hi5 Restructures Around Games Portal Model, Strikes Payment Partnership with Paymo http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2691412 Roundup: hi5 Restructures Around Games Portal Model, Strikes Payment Partnership with Paymo Thu, 09 Apr 2009 14:30:32 +0000 http://www.techcrunch.com/?p=48669#comment-2691412 [...] order to make it easier for users to purchase the new currency, hi5 also recently partnered with Paymo, a global mobile payments network. Now, Hi5 users can purchase hi5 Coins via their [...] [...] order to make it easier for users to purchase the new currency, hi5 also recently partnered with Paymo, a global mobile payments network. Now, Hi5 users can purchase hi5 Coins via their [...]

]]> By: luis http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2675087 luis Sat, 28 Mar 2009 18:23:12 +0000 http://www.techcrunch.com/?p=48669#comment-2675087 soy alegre y bueno y bello soy alegre y bueno y bello

]]> By: Paymo y hi5 permiten pagos moviles http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2659337 Paymo y hi5 permiten pagos moviles Wed, 18 Mar 2009 19:39:32 +0000 http://www.techcrunch.com/?p=48669#comment-2659337 [...] La red de pagos móviles Paymo y la red social hi5 se han asociado para permitir que sus miembros de 24 paises utilicen sus móviles para la compra de “Monedas hi5“, el dinero virtual de hi5, según nos informa techcrunch.com. [...] [...] La red de pagos móviles Paymo y la red social hi5 se han asociado para permitir que sus miembros de 24 paises utilicen sus móviles para la compra de “Monedas hi5“, el dinero virtual de hi5, según nos informa techcrunch.com. [...]

]]> By: U.S. Mobile Payments Short Term Viability is Low | Joe Budde Jr. http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2657451 U.S. Mobile Payments Short Term Viability is Low | Joe Budde Jr. Tue, 17 Mar 2009 12:08:08 +0000 http://www.techcrunch.com/?p=48669#comment-2657451 [...] on Mar 17, 2009 by Joe in Uncategorized | 0 Comments A lot has been said of the new mobile payments company Paymo and other mobile payment companies as well. They turn your mobile phone into a charge [...] [...] on Mar 17, 2009 by Joe in Uncategorized | 0 Comments A lot has been said of the new mobile payments company Paymo and other mobile payment companies as well. They turn your mobile phone into a charge [...]

]]> By: Stewart http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2656782 Stewart Mon, 16 Mar 2009 19:36:09 +0000 http://www.techcrunch.com/?p=48669#comment-2656782 In the UK the network operators run a scheme called PayForIt http://www.payforituk.com/ In the UK the network operators run a scheme called PayForIt

http://www.payforituk.com/

]]> By: Steve http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2655754 Steve Sun, 15 Mar 2009 04:48:55 +0000 http://www.techcrunch.com/?p=48669#comment-2655754 Those 10% service charges make Paypal look terrific. If they can keep that sort of margin more power to them. However, before using a new payment system I always check <a href="http://www.justaskgemalto.com/" rel="nofollow">This</a> digital security site to verify their reputation. Those 10% service charges make Paypal look terrific. If they can keep that sort of margin more power to them. However, before using a new payment system I always check This digital security site to verify their reputation.

]]> By: Week Links: hi5’s Mobile Payments, Generation Recession, Branded Hangover Prevention, Pizco x Stardoll http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2653004 Week Links: hi5’s Mobile Payments, Generation Recession, Branded Hangover Prevention, Pizco x Stardoll Thu, 12 Mar 2009 19:29:09 +0000 http://www.techcrunch.com/?p=48669#comment-2653004 [...] Paymo Strikes Deal With hi5 To Use Mobile Payments For Virtual Goods [Tech Crunch] Paymo and hi5, the other huge social network you may not have heard of, are teaming up to allow users to make purchases using their phones – charging the actual money onto the tail of the monthly phone bill. You don’t need that ringtone – get some hi5 coins instead! [...] [...] Paymo Strikes Deal With hi5 To Use Mobile Payments For Virtual Goods [Tech Crunch] Paymo and hi5, the other huge social network you may not have heard of, are teaming up to allow users to make purchases using their phones – charging the actual money onto the tail of the monthly phone bill. You don’t need that ringtone – get some hi5 coins instead! [...]

]]> By: Mike http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2651990 Mike Thu, 12 Mar 2009 00:41:08 +0000 http://www.techcrunch.com/?p=48669#comment-2651990 hi5 is a desperate, also-ran social network with no future. Everyone across the globe is migrating over to Facebook, the hands-down winner in social media (along with Twitter). hi5's new strategy is to go the casual gaming route, but there's nothing new there (already done very well by competition). They need to radically transform themselves and become a part of the Facebook/MySpace ecosystem if they even have a chance to survive. Good luck. hi5 is a desperate, also-ran social network with no future. Everyone across the globe is migrating over to Facebook, the hands-down winner in social media (along with Twitter).

hi5’s new strategy is to go the casual gaming route, but there’s nothing new there (already done very well by competition). They need to radically transform themselves and become a part of the Facebook/MySpace ecosystem if they even have a chance to survive.

Good luck.

]]> By: Malik Yacoubi http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650761 Malik Yacoubi Tue, 10 Mar 2009 22:27:51 +0000 http://www.techcrunch.com/?p=48669#comment-2650761 Yes mobile payments charges are way too high but until somebody get to convince carriers that they should not keep 50% of the revenues we need to deal with it. I'm the CEO of an alternative payment solution www.paymentpin.com, we offer mobile in 35 countries and also offer land line billing in Us and Canada. with land line billing we get away with much better rates : http://www.paymentpin.com/payouts_phoneline_payment.php Have a nice day everyone :) Yes mobile payments charges are way too high but until somebody get to convince carriers that they should not keep 50% of the revenues we need to deal with it.

I’m the CEO of an alternative payment solution http://www.paymentpin.com, we offer mobile in 35 countries and also offer land line billing in Us and Canada. with land line billing we get away with much better rates : http://www.paym...ine_payment.php

Have a nice day everyone :)

]]> By: Peter Gan http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650687 Peter Gan Tue, 10 Mar 2009 20:39:52 +0000 http://www.techcrunch.com/?p=48669#comment-2650687 Hi, we are an independent software development company and have a readily plug and play solution for anyone whom wish to implement and accept Paymo sms payment on their Joomla / Virtuemart website now. It is essentially a payment module for the awfully popular Joomla / Virtuemart. For more details, please visit pngmediagroup.com Hi, we are an independent software development company and have a readily plug and play solution for anyone whom wish to implement and accept Paymo sms payment on their Joomla / Virtuemart website now.

It is essentially a payment module for the awfully popular Joomla / Virtuemart. For more details, please visit pngmediagroup.com

]]> By: ul hott http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650331 ul hott Tue, 10 Mar 2009 15:01:19 +0000 http://www.techcrunch.com/?p=48669#comment-2650331 Another mopbile payment provider is Allopass.com. More than 40 countries covered, and the only provider to pay merchants on demand (they don't need to wait 60 days or more, which is the case with providers mentionned in the article). 6 millions transactions per month, flexible commissin rates, and lots of reference clients. Learn more at contact@allopass.com Another mopbile payment provider is Allopass.com.
More than 40 countries covered, and the only provider to pay merchants on demand (they don’t need to wait 60 days or more, which is the case with providers mentionned in the article).
6 millions transactions per month, flexible commissin rates, and lots of reference clients. Learn more at contact@allopass.com

]]> By: SF http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650309 SF Tue, 10 Mar 2009 14:37:53 +0000 http://www.techcrunch.com/?p=48669#comment-2650309 Tony - The wireless carriers keep majority of the cut (as high as 50% of the transaction). Zong, Paymo and Mobillcash possibly get less than 5%. It's good for high margin items, such as virtual goods. You wana fight with the carriers? Tony – The wireless carriers keep majority of the cut (as high as 50% of the transaction). Zong, Paymo and Mobillcash possibly get less than 5%. It’s good for high margin items, such as virtual goods. You wana fight with the carriers?

]]> By: hi5 y Paymo establecen una colaboración http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650255 hi5 y Paymo establecen una colaboración Tue, 10 Mar 2009 13:28:58 +0000 http://www.techcrunch.com/?p=48669#comment-2650255 [...] red social de pagos móviles Paymo ha llegado a un acuerdo con la red social hi5 gracias al cual los usuarios de 24 países podrán comprar monedas virtuales de hi5. [...] [...] red social de pagos móviles Paymo ha llegado a un acuerdo con la red social hi5 gracias al cual los usuarios de 24 países podrán comprar monedas virtuales de hi5. [...]

]]> By: <fb:name linked="false" useyou="false" uid="13303029">David Murphy</fb:name> http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650205 David Murphy Tue, 10 Mar 2009 12:11:00 +0000 http://www.techcrunch.com/?p=48669#comment-2650205 Great idea, but this is absurd how much of a surcharge the mobile companies charge. Crazy! Don't they realize they could make more if they lowered their fees and thus gave this type of payment a bigger chance of catching on? A huge % of a small market is smaller than a smaller percentage of a huge market. After reading a separate post elsewhere reminding me how much mobile companies charge for data & SMS plans, I'm starting to get kind of angry at them for abusive pricing. (Although, to be fair, I am happy with T-Mobile for recently cutting the price of their unlimited voice plan in half.) Great idea, but this is absurd how much of a surcharge the mobile companies charge. Crazy!

Don’t they realize they could make more if they lowered their fees and thus gave this type of payment a bigger chance of catching on?

A huge % of a small market is smaller than a smaller percentage of a huge market.

After reading a separate post elsewhere reminding me how much mobile companies charge for data & SMS plans, I’m starting to get kind of angry at them for abusive pricing. (Although, to be fair, I am happy with T-Mobile for recently cutting the price of their unlimited voice plan in half.)

]]> By: Perfect MOney Share Idea http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650100 Perfect MOney Share Idea Tue, 10 Mar 2009 09:38:44 +0000 http://www.techcrunch.com/?p=48669#comment-2650100 If this payment system build in my country,I think that will be good idea,with over 50 million user Nationwide to compare credit owner that only 8 million consumer I think that will be great idea If this payment system build in my country,I think that will be good idea,with over 50 million user Nationwide to compare credit owner that only 8 million consumer I think that will be great idea

]]> By: Paymo Streiks Deal mit Hi5 Verwenden Mobile Zahlungen für virtuelle Güter @ 工具及科技新闻 http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650096 Paymo Streiks Deal mit Hi5 Verwenden Mobile Zahlungen für virtuelle Güter @ 工具及科技新闻 Tue, 10 Mar 2009 09:32:54 +0000 http://www.techcrunch.com/?p=48669#comment-2650096 [...] techcrunch Gadget, Tech Industry [...] [...] techcrunch Gadget, Tech Industry [...]

]]> By: Paymo罢工处理hi5要使用移动支付的虚拟物品 @ 工具及科技新闻 http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650094 Paymo罢工处理hi5要使用移动支付的虚拟物品 @ 工具及科技新闻 Tue, 10 Mar 2009 09:28:57 +0000 http://www.techcrunch.com/?p=48669#comment-2650094 [...] techcrunch Gadget, Tech Industry [...] [...] techcrunch Gadget, Tech Industry [...]

]]> By: Tony Stratton http://www.techcrunch.com/2009/03/09/paymo-strikes-deal-with-hi5-to-use-mobile-payments-for-virtual-goods/comment-page-1/#comment-2650035 Tony Stratton Tue, 10 Mar 2009 08:21:30 +0000 http://www.techcrunch.com/?p=48669#comment-2650035 It's funny how you talk about "conversion rates"... it pretty much masks the fact that very few merchants beyond social gaming companies will use your service (Zong/Mobillcash) because what you are charging is highway robbery, and no really successful merchant will utilize it. What we need is a mobile payment option that doesn't rip off merchants and talk about high "conversion rates" to try and sugar coat the problem. From what I'm hearing, there is a company or two out there that are about to solve this problem with a smart mobile payment solution. I'll keep my fingers crossed, so that we don't have to hear this nonsense about "conversion rates." It’s funny how you talk about “conversion rates”… it pretty much masks the fact that very few merchants beyond social gaming companies will use your service (Zong/Mobillcash) because what you are charging is highway robbery, and no really successful merchant will utilize it. What we need is a mobile payment option that doesn’t rip off merchants and talk about high “conversion rates” to try and sugar coat the problem. From what I’m hearing, there is a company or two out there that are about to solve this problem with a smart mobile payment solution. I’ll keep my fingers crossed, so that we don’t have to hear this nonsense about “conversion rates.”

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