An interesting way for online content retailers as well…Retailers using Bill Me Later hand off the transaction to I4 Commerce, which authorizes each one in about three seconds, according to the company. It settles with the merchant in two days, and then bills the customer. The consumer can pay in full within 30 days or choose to make a minimum payment and finance the rest of the transaction.
Phone billing for online cotnent is a similar option, provided in U.S. by PaymentOne.
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