Mopay

Mopay Inc.
Industry Telecommunications
Mobile communications
Payments
Founded 2000 (as MindMatics)
Headquarters Palo Alto, California, United States
Products Electronic payments
Mobile Payments
Number of employees
 100
Parent MindMatics AG
Website Archived website

mopay was a mobile payment platform[1] represented in the USA by mopay Inc. mopay and mopay Inc. are registered trademarks of MindMatics Group, a Germany-based mobile marketing company.

History

The brand mopay was first registered in Germany in 2003 by MindMatics AG. Offering a single payments interface between online merchants and their respective end-customers, mopay was designed as international mobile payment platform.

In 2009, mopay became the central product of the mobile payment division of MindMatics Group. In early 2010 mopay Inc. was founded as the North American branch of mopay.[2]

Product

mopay addressed vendors of virtual goods and digital goods. It offered a billing option for small online purchases through mobile operators accounts. mopay sought to reach unbanked and underbanked individuals who do not have access to credit cards or bank accounts.

By utilizing mobile devices, mopay was available worldwide.[3][4] mopay connects to mobile operators in over 80 countries.[5]

See also

References

  1. ↑ "company profile on Crunchbase".
  2. ↑ "mopay expands to the U.S." Inside Facebook. 16 February 2010.
  3. ↑ "credit card penetration in selected countries" (PDF).
  4. ↑ "mopay coverage claim".
  5. ↑ "mopay coverage list".
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