Prepaid Wireless Industry

 

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Posa Agent F.A.Q.

About Payspot

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PREPAID WIRELESS IS TAKING OVER THE MARKET!  In the first half of 2003 prepaid cellular generated $41.4 Billion in revenues and is expected to continue its rapid rise. The number of prepaid users is growing faster than monthly plan subscribers and Billable Minutes in the first half of 2003 were up by a whopping 30% compared to the same period in 2002. There is no doubt . . . wireless is taking over the world and wireless companies are scrambling to exploit the Prepaid sector. Companies who partner with Payspot will not only have access to the large national wireless carriers, but also to the multitude of regional carriers as well.

DIRECT RELATIONSHIPS WITH THE MAJOR WIRELESS CARRIERS.  Payspot has national distribution agreements with all the major wireless carriers throughout the United States which is critical to the success of any prepaid services reseller today. The wireless carriers are looking for companies with solid financial track records, excellent management and aggressive growth strategies. Payspot has all three.

WIRELESS COVERAGE AREAS AND RATE PLANS IN THE USA.  Most of the Continental US is covered by our national wireless providers such as Cingular, AT&T, T-Mobile, Verizon, Alltel, Tracfone and Boost. In addition to the established wireless providers, Payspot is now delivering airtime and handsets for "Tier 2 Wireless Carriers." These are companies who manufacture inexpensive handsets and purchase bulk airtime from the major carriers, then resell the airtime in proprietary consumer offerings. Some examples of this type of carrier are JusTalk, Page Plus and Locus.

AT&T T-MOBILE ALLTEL VERIZON CINGULAR TRACFONE CLICK HERE FOR RATES

WIRELESS PIN DELIVERY TODAY.  With the Payspot system, clerks select a simple menu option on a terminal for WIRELESS. They are then offered menu choices for all the available wireless carriers. After entering the desired denomination, a receipt is printed containing all the required information such as PIN, Control Number, Access Phone Number, Instructions, etc. The customer loads the PIN into their handset via an automated system or Customer Service and discards the receipt.

WIRELESS PIN DELIVERY TOMORROW -- COMING TRENDS.  Currently, the US wireless companies sell their prepaid services through manually loaded live PINs. This is both labor intensive and subject to human error and is gradually changing. Payspot is positioned to take advantage of each carrier's on line recharge capabilities as they become available. We also expect to see more and more "Tier 2" carriers popping up on all the networks, better handset offerings and increased coverage areas.