Smscoin
Encyclopedia
SMSCOIN is a mobile payment
Mobile Payment
Mobile financial services, also referred to as mobile money, mobile payment, mobile banking, mobile money transfer and mobile wallet generally refer to payment services operated under financial regulation and performed from or via a mobile device....

 systems provider which specializes in SMS
SMS
SMS is a form of text messaging communication on phones and mobile phones. The terms SMS or sms may also refer to:- Computer hardware :...

 payments in particular, and provides premium SMS services in 92 countries supporting hundreds of mobile carrier networks worldwide. The main goal of the project was, and still is to cover as many countries worldwide as possible, and if to judge by it's past and recent achievements SmsCoin project has managed to keep the title of leading company on the mobile payments market worldwide throughout its existence.

2006

SmsCoin project was launched in July 2006 with only 4 countries (Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

, Ukraine
Ukraine
Ukraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia...

, Kazakhstan
Kazakhstan
Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

, Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

) offering 3 of the following services: sms:chat, sms:key and sms:bank. During month of November additional service called sms:transit was developed, and closer to the end of the year 13 countries became available.

2007

The beginning of 2007 was marked by adding a few more countries as well as developing innovative extensions for browsers
File manager
A file manager or file browser is a computer program that provides a user interface to work with file systems. The most common operations performed on files or groups of files are: create, open, edit, view, print, play, rename, move, copy, delete, search/find, and modify file attributes, properties...

 and a MIDlet
MIDlet
A MIDlet is an application that uses the Mobile Information Device Profile of the Connected Limited Device Configuration for the Java ME environment...

 that made it easier for SmsCoin' partners to access the statistics of their websites using mobile phones. English version of the website was presented in February. Its anniversary SmsCoin celebrated with 5 different sms:services across 18 countries worldwide working with over 5 thousand partners and processing more than a million SMS messages.

2008

Year 2008 began with presenting a new program for developing ready-to-use modules for popular CMS
Content management system
A content management system is a system providing a collection of procedures used to manage work flow in a collaborative environment. These procedures can be manual or computer-based...

, 10 of which were published on the website as well as brand new service sms:content was launched. In April SmsCoin announced the connection of 30 countries worldwide. During this harsh period caused by a fierce competition on mobile payments market the project prospered due to higher payouts as well as enabling partners to choose their own short codes. Additionally, across Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 the payouts were made in rubles, and partners could request their revenue share payout once every 5 days which than was quite extraordinary. Throughout October till November additional achievements were presented - first of all a global support was launched unifying all means of contact using Instant messaging
Instant messaging
Instant Messaging is a form of real-time direct text-based chatting communication in push mode between two or more people using personal computers or other devices, along with shared clients. The user's text is conveyed over a network, such as the Internet...

. Secondly, SmsCoin now offered its services across so much as 40 countries.

2009

In march 2009 SmsCoin announced a series of events starting with even greater coverage - 50 countries, connecting several Latin American countries at once, next 6 Middle Eastern countries followed in May. 3rd anniversary celebration opened with a brand new and refreshing website design and structure improvement which made it much more convenient to work with . Immediately a new service called sms:donate was launched. Towards the end of the year SmsCoin project covered as much as 65 countries including its latest "acquisitions": China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. Throughout 2009 ready-to-use scripts library was considerably expanded as part of an improvement plan that began in 2008 and continues to this day forward.

2010

Good karma came in the beginning of 2010 when SmsCoin project connected the following countries India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 and Cyprus
Cyprus
Cyprus , officially the Republic of Cyprus , is a Eurasian island country, member of the European Union, in the Eastern Mediterranean, east of Greece, south of Turkey, west of Syria and north of Egypt. It is the third largest island in the Mediterranean Sea.The earliest known human activity on the...

 which considered to be unique on the mobile payments market . Moreover, during the summer of 2010 SmsCoin has connected 9 additional countries: Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

, Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...

, Guatemala
Guatemala
Guatemala is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the southwest, Belize to the northeast, the Caribbean to the east, and Honduras and El Salvador to the southeast...

, Honduras
Honduras
Honduras is a republic in Central America. It was previously known as Spanish Honduras to differentiate it from British Honduras, which became the modern-day state of Belize...

, Dominican Republic
Dominican Republic
The Dominican Republic is a nation on the island of La Hispaniola, part of the Greater Antilles archipelago in the Caribbean region. The western third of the island is occupied by the nation of Haiti, making Hispaniola one of two Caribbean islands that are shared by two countries...

, El Salvador
El Salvador
El Salvador or simply Salvador is the smallest and the most densely populated country in Central America. The country's capital city and largest city is San Salvador; Santa Ana and San Miguel are also important cultural and commercial centers in the country and in all of Central America...

, Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

, Panama
Panama
Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...

, Paraguay
Paraguay
Paraguay , officially the Republic of Paraguay , is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. Paraguay lies on both banks of the Paraguay River, which runs through the center of the...

, Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

, and by achieving that finally establishing itself a unique key leader within the mobile payments market. By November 2010 SmsCoin connected 87 countries.

2011

Connection of new countries (Costa-Rica, Uruguay
Uruguay
Uruguay ,officially the Oriental Republic of Uruguay,sometimes the Eastern Republic of Uruguay; ) is a country in the southeastern part of South America. It is home to some 3.5 million people, of whom 1.8 million live in the capital Montevideo and its metropolitan area...

, Kenya
Kenya
Kenya , officially known as the Republic of Kenya, is a country in East Africa that lies on the equator, with the Indian Ocean to its south-east...

 and Ghana
Ghana
Ghana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...

) was established, together with the increase of available rates range. The library of ready-made scripts for various CMS is significantly extended; in October a new product - inn-app payments library for Android OS - is presented.

Unique features

SmsCoin is a public open-source project with entirely free registration, and provides several unique and innovative features both on Russian and international markets as follows:
  • extensive coverage in more than 92 countries, some of which cannot be found on any other similar service
  • complete library of ready-to-use modules for various CMS
    Content management system
    A content management system is a system providing a collection of procedures used to manage work flow in a collaborative environment. These procedures can be manual or computer-based...

     and instant solutions for various ideas


As highly-qualified competitor SmsCoin project have captured the attention of various well-known projects such as HeroCraft
HeroCraft
HeroCraft is a Russian mobile game developer company headquartered in Kaliningrad and with offices in Saint Petersburg, Krasnodar and Donetsk.HeroCraft games are released on Java ME, Android, iPhone, BREW, Symbian OS, Windows Mobile, UIQ, UIQ v.3, Linux and Palm OS platforms...

, Odnoklassniki, Alawar Entertainment
Alawar Entertainment
Alawar Entertainment is video game developer, publisher and distributor founded in 1999. The company uses the try-before-you-buy distribution model, allowing players to sample the free trial version of a game, after which they are asked to purchase a game key online to unlock the full version...

, Depositfiles

Review

SmsCoin service has been used repeatedly for the purposes of fraud, and despite the fact that all fraud attempts have been blocked, the service has been often criticized for its simplified registration process and services setup and maintenance.

More

  • Mobile payments
  • Mobile commerce service provider
    Mobile commerce service provider
    Mobile Commerce Service Provider - An organization that provides any combination of consulting, software and computer systems for mobile e-commerce platforms, mobile devices , mobile commerce, mobile content or mobile web sites.mCSPs supply businesses with the tools and services they need to...

  • Fortumo
    Fortumo
    Fortumo is an international mobile payment portal, offering Premium SMS payment services. It is a daughter company of the mobile services provider, Mobi Solutions Ltd....

  • Zong mobile payments
    Zong mobile payments
    Zong is a mobile payment company that allows users to make micropayments on the Internet if they have a postpaid mobile phone. The payments are charged to their mobile phone bills by the mobile operator...

  • Mopay
    Mopay
    mopay is an internationally leading mobile payment platform represented in the USA by mopay Inc. mopay and mopay Inc. are registered trademarks of MindMatics Group, a Germany based mobile marketing expert.- History :...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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