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Note: Microstock Agency Drops Pay-By-Text Function – ‘Unprofitable’


Microstock photo agency Depositphotos will not accept payment by SMS anymore, since this method has proved to be unprofitable.
they say: From the moment Depositphotos was founded, its goal was to provide its clients with the widest range of payment methods possible. Therefore, the company introduced its innovative pay-by-SMS functionality. However, this technology proved too expensive: due to high mobile rates Depositphotos’ contributors, as well as the company itself, were earning significantly less than they did when files were purchased with other payment methods.