10-07-2011 08:48 AM CET - IT, New Media & Software

First open source in-app payment library for Android OS by SmsCoin project

Press release from: Mobilcent Ltd

SmsCoin project — one of the leading SMS-payments providers across Russia and around the world — is proud to present a free in-app payments library with open source code for smartphones based on Android OS. By integrating the library into the application, developers can accept payments from over 3 billion subscribers in 92 countries worldwide.

As one of the most successful SMS-payments providers in Russia and abroad, SmsCoin project also develops other branches of its business, monitors global market tendencies and introduces to its partners ready-to-use products for business optimization and profit growth. One of such innovations is in-app payments library for Android OS software.

Dmitry Polyanovsky, CTO of SmsCoin project: «Currently, mobile application development is a popular market trend of IT industry. At a certain stage we decided to make a useful contribution and to develop our own application. SmsCoin developers team chose mobile payments for two reasons in particular. First of all, we already operate within mobile payments sector, and certainly aim to develop our services to the highest level possible. Second of all, traditional product sales can hardly surprise anyone today, and developers prefer the implementation of Freemium monetization model which works as follows: the user gets a free version of some program or product, and pays only while purchasing additional services and resources. The library we have developed is the best possible solution for such apps sales model, or rather of its abilities executed through in-app payments».

The library has quite simple operation principle. During its integration to the source program a button is added and the moment end-user presses it, he is redirected to the payment dialogue. The library generates an outgoing SMS to a premium short code, and if the payment was successful, end-user receives a reply message which is queued by the program, and the service is activated.

In-app payments library by SmsCoin project is the first of its kind within the Russian-speaking market and this is what makes it so unique. It should be noted that within foreign sector such programs already exist, but the version of SmsCoin competitively stands out from the rest – particularly since it is absolutely free of charge and it offers open source code based on BSD-license.

To get additional information and download the in-app payments library developed by SmsCoin project please visit http://smscoin.net/software/engine/Android/.

About SmsCoin project:

SmsCoin project operates within SMS payments market for 5 years already. Presently, SmsCoin offers premium SMS services in over 90 countries worldwide. Thousands of projects are based on the project' services, dozens of unique scripts have been developed and millions of SMS-messages were processed. SmsCoin project has been working under the flag of Mobilcent Ltd company for five years now. The project was launched during the summer of 2006. Today SmsCoin project manages a highly qualified and professional staff of 25 people, specializing in various fields.
Some of SmsCoin clients include: Odnoklassniki.ru, Mamba.ru, DepositFiles.com, Alawar Entertainment, Herocraft and many more.
SmsCoin won't stop there, and will continue surprising its partners and competitors with unique ideas and innovative approach to its implementation.

Mobilcent Ltd / SmsCoin project

11 Yohanan HaSandlar St., Haifa

e-mail: pr@smscoin.com

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