Paymentwall has launched a new Smart TV payment solution, designed to help developers monetize their applications that run on smart TV platforms by allowing consumers worldwide to pay using their remote control or secondary devices.

The all-in-one payment option will enable consumers to use over 120 different payment options, including credit and debit cards, carrier billing, eWallets, bank transfers, prepaid cards, and mobile payments.

The solution also simplifies the smart TV checkout process to increase conversion rates. Paymentwall’s intuitive UI requires only numeric input, allowing users to quickly and effortlessly complete their purchases.

"Cross platform functionality means users can pay directly on their television by effortlessly inputting card information with a remote control or they can complete checkout on a secondary device like a laptop, tablet or smartphone by visiting a unique URL or scanning a QR code," Paymentwall said in a statement.

PW’s secure card tokenization makes one-click checkout a breeze and simplifies recurring billing for streaming content or application subscriptions.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Daniel Lee, PW Smart TV Payments product manager, said: "Many Smart TV developers were launching applications on many platforms and were struggling to make money; they had no way to cover the development costs and content licensing fees.

"Paymentwall is giving developers and content providers a way to collect payments with Paymentwall for Smart TV on the device itself!"

Source: PRWEB