Today, when credit card frauds have increased significantly and even moved to social networks like Orkut, it is wise to consider extra payment forms. It all depends on the service you are running, but the overall trend shows that people are thinking seriously before they are providing credit card data. Obviously it is difficult to substitute credit cards, but it is possible to give people alternative payment forms. People who tend to be suspicious or recently read about credit card frauds would like to use something more secure or at least something that seems more secure to them.

For smaller payments I would suggest SMS-billing as an alternative. It has its own disadvantages, but studies have shown that people sense it as secure, anonymous and easy to use payment method.

Here are some points why web based company should consider SMS-billing:

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