It's possible; Notch would use a pre existing company and their API, much like e has with Paypal. The problem though is fees, In the experience I've had with paying via phone as a web developer has pretty much put me off ever using any of the prebuilt solutions for myself, the fees are quite frankly outrageous, for $15 (the cost of minecraft) notch wouldn't see more than $10. Furthermore, it leads to problems with parents etc claiming they didn't give their child permission to use their phone and Notch would have to deal with that.
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I have way too much money on it, and i would like to spend some.
could you please?