Since the launch of the mobile payment solution in 2018, MobiePay has provided ample solutions as a fiat and digital currency payment solution. MobiePay enables consumers to spend or transfer fiat money and cryptocurrencies to one another, from their mobile devices. The payment solution supports cashback programs with its native MobieCoin (MBX) and it will also time the checkout process. Mobie’s vision is to bridge the gap between cryptocurrencies and local currencies, all while offering a safe, fast, and easy standard of payment. With the intention to drive mainstream adoption, Mobiepay has aligned with the like of Orion Protocol, in order to bring support to ORN token and add value to the Mobie ecosystem. For the long term, Mobie’s goal is to open up access to financial services to those who lack a savings account and the ability to deposit consistently.
The mobile payment solution applies to all kinds of payments, allowing users to shop nationwide and send money to their friends. MobiePay will work with any bank and guarantees the protection of consumer information. When it comes to the Mobie ecosystem, it can be broken down into four key products:
MobiePay: A gateway that allows merchants to receive payments from consumers within the Mobie network.
MobieX: MobieX is designed to mix and match the demands of crypto holders. The product functions very similarly to other crypto wallets, except MobieX prides itself on the user-friendly interface and the quality of services.
Mobie Wallet: Mobile or web app that functions just like a bank account. The wallet can store, transfer, receive, and make payments either in-stores or online.
MobieCoin: MobieCoin (MBX) is an embodiment of the core infrastructure that powers the entire ecosystem. The token is poised to become a global currency, meaning that a variety of users across the globe can use it to exchange and trade.
Read more about Mobiepay at Blockonomi!
