Mozido launches P2P proximity m-payment service

Friday 20 December 2013 10:10 CET | News

Mozido, a provider of white-label, mobile financial, commercial and marketing services, has begun piloting a person-to-person (P2P) proximity payment service using mobile phones.

Mozido’s new P2P service is set to allow people within proximity of each other to exchange funds using their mobile phones.

Using Bluetooth Low-Energy (BLE) technology, Mozido’s P2P proximity payment service is set to identify mobile users nearby who also use the service, allowing for enhanced financial transfers.

Mozido provides a number of additional services, including international remittance, bill pay and mobile top-up for unbanked and under-banked individuals, as well as loyalty programs, shopping, payment in retail stores and tailored marketing offers, all via mobile phones.

In recent news, Mozido has raised USD 30 million.

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Keywords: Mozido, P2P, proximity payment, mobile payment, exchange funds, BLE, financial transfers, remittance, bill pay
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

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