Word of the Day: Tech Definitions from WhatIs.com

Jul 10 2012   4:17PM GMT

Will Verizon and AT&T be the new Visa/Mastercard?

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

quotes and quotations “Hundreds of businesses, including Facebook, Zynga and dating website Lavalife, are among merchants that now accept direct-phone-billing payment. And that’s despite the high commission rates — 10% to 20% of the transaction — that the billing companies charge merchants.”Roger Yu

Today’s WhatIs.com Word of the Day is direct mobile billing, a type of wireless point-of-sale (WPOS) that allows a customer to charge purchases directly to his mobile phone account.

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