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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