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TextPayMe Overview
Founded in 2005, TextPayMe is an SMS payment service that lets you send money to other people using cell phone text messaging. TextPayMe lets you send money to anyone else in the US with an SMS-capable cell phone, and while phone carriers may charge for the actual text message sent/received, sending and receiving money is free while TextPayMe remains in Beta.
Key People
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 12/2005 | Seed | Unknown | Unknown |
Products
| Name: | TextPayMe |
| Product URL: | http://www.textpayme.com/ |
| Description: | Sending and receiving payments through TextPayMe is easy: simply write a text message to SMS@TextPayMe.com with "pay amount phonenumber" in the body (i.e. to send $5 to 123-456-7890, text "pay 5 1234567890"). The service is secure as well, as each payment needs to be confirmed by a user-created PIN. To fund your transactions, TextPayMe lets you add money directly from your bank account and now also lets you link your credit card as well. Currently, the maximum amount that can be sent or received per month is $500. TextPayMe's service is both useful and easy-to-use. |
| Screenshots: |
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Competitors
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PayPal Mobile
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KushCash
Profile
OpinionsRelated Companies
Page Information
01/10/2009 01:47PM by tensormedia
User Opinions
Bulls vs. Bears (3)
| Bullish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
Text messaging is growing in popularity so there's a need in SMS base payments |
dave 04/02/2008 |
  |
100% 3 votes 3 0% 0 |
| Bearish Opinions (2) | Author/Date | Do you agree? | |
|---|---|---|---|
|
Their web traffic numbers have been declining |
kenny 04/30/2008 |
|
100% 2 votes 2 0% 0 |
|
PayPal offers a similar mobile product - it'll be hard to compete against PayPal |
dave 04/02/2008 |
|
100% 4 votes 4 0% 0 |
Discussions (0)
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Opinion Poll
View All Opinions »Overall, are you bullish or bearish on TextPayMe?
33%
3 votes
67%
6 votes
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Web Metrics
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| Alexa Rank: | n/a |  |
n/a |
| Yahoo Search Results: | n/a | ||
TextPayMe on Twitter
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