- Overview
- Press Releases
  - Archive
- Media Coverage
  - Archive
- Events
  - Archive
- Awards

Stored Value

Tap New Consumer Segments With The Convenience of PrePaid Accounts

Recommend for:

Merchants looking to provide a wallet and/or pre-paid account to appeal to those consumers who do not want to enter confidential personal data, like credit card numbers and bank account information online due to fears surrounding identity theft, and online fraud.
Merchants needing a cost-effective way to monetize small ticket digital services
Digital Merchants looking for a single-source platform for payment services

What It Is

PaymentOne Stored Value enables consumers the flexibility to access and spend from a prepaid account, and/or create preset allowance or gift accounts for others (for example parents and their children). Charges are typically subtracted from the current balance, and can be replenished via any online or offline payment method including credit card, bank transfer, PhoneBill ™ or other method.

Business Benefits:

Lift Revenue: Profitably sell low-priced premium content by minimizing transaction fees.

Extend Your Reach: Get to consumers who were previously unwilling - due to online security concerns -- or unable - due to age or lack of credit card -- to buy online.

Substantially Reduce Costs: Stored Value can eliminate the majority of traditional billing and transaction processing costs.

Assure Revenue: Stored Value accounts are paid for up-front, assuring immediate collection and reduction of bad debt and fraud.

Hosted & Turnkey: The entire stored value process is completely operated, managed and hosted by PaymentOne. We provide the processes, best practices and technology so you gain the benefit of our expertise without the associated costs and resource drain.

Single Platform and Integration: PaymentOne's PayConnect™ platform provides a single secure integration point for stored value, and the full suite of PaymentOne payment services.

Learn More

"Sales of digital goods will exceed $2.2 billion by 2005, up from $1.56 billion last year. Meanwhile, the portion of this market accounted for by sub-$5 payments will grow to $252 million in 2005"