Is Pay by Text the Next Evolution of Ecommerce? – MarketScale

There are a couple of things that are always going to be a constant. The sun will rise, and the sun will set. And, bills are always going to be due. Across several industries, we are starting to see a Pay by Text format, in which consumers can access and pay their bill through a text message, rather than paying in person or through the mail. MarketScale Host Justin Honore talked with Larry Talley, Founder & CEO, Everyware, which offers simple billing solutions for organizations in a wide variety of industries. Talley talked about seeing more industries join this movement and which ones are best suited for it.

Pay by text is a great payment method that really works on your own time. Thats the beauty of a text message. Its not like a live chat or a phone call, so it really gives you the flexibility to pay when its convenient for you. Pay by text for industries such as nonprofits where we played a major role in collecting donations, where you just text the word give, and it will ask you, How much? Its a great way to see that playout, especially through COVID when people couldnt congregate or go to church. Its really great to see our platform play such a role in collecting money for those nonprofits.

Every industry is trying to increase patient and customer engagement. I like to call it payment engagement. Healthcare providers can increase patient engagement through text messaging.

See the rest here:

Is Pay by Text the Next Evolution of Ecommerce? - MarketScale