Tuesday, July 10, 2007

Sprint Payment Re-Capture

Carriers have the right to deduct any non-collectible premium SMS revenue from the outpayment made to content providers. If the outpayment was already made, they have the right to reduce future outpayments to account for past uncollectible amounts. We haven't seen this happen ... until now.

Sprint has informed us of their plans to 're-capture' payments made to content providers for uncollectible revenue as well as refunds, and do so retro-actively starting January 2007. Details on the possible negative impact for content providers are not known at this time, and as soon as we receive further information, we will immediately inform the impacted content providers.

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