What is Transactional SMS?
Transactional SMS is the ability to charge for physical items, goods or services via the SMS mechanism. The payouts/ rev share received from the mobile networks on Transactional SMS is higher than a typical Premium SMS billing receipt.
To initiate the transaction, a normal SMS message is sent to a SMS short code. The keywords(s) used in the SMS message will flag the service as transactional so the payout rate will be applied.
Transactional SMS is being rolled out during 2011 for txtNation, with more information being released during this perioud. For more information on T-SMS, contact your account manager.