Mobiepay- A new payment getaway for merchants

The existing payment system is lengthy and involves intermediaries and costs. And there is one more reason not to use it as only limited incentives are offered by them. However, most of the merchants prefer using a mobile payment system. In contrast to it, the everyday purchase for the merchants requires a fast transaction process. But the need for sharing personal info like credit card or debit card number makes it a risky process. Malicious hacks make it riskier thus retailers and merchants are highly sensitive about the money transactions. Offline payment is also risky as it requires long-term contracts including fees.

Hence, a secure payment gateway, mobiepay is introduced.

What is mobiepay?

Various currencies are used for payments but a new currency type is widely used among merchants. Cryptocurrency is completely a new form of currency. And mobiepay is designed for those who use this currency for payment. However, here the payment is converted into a token that is used for making payment by the merchants at different retail locations.

In addition to this, the existing protocol or infrastructure is not required to update or change because of the integration of mobiepay with POS systems. This integration is done via an app that the merchants will use to make the payment. Thus, it is a more efficient getaway for merchants in the global marketplace. Moreover, various currency types are listed on the exchange that merchants can use without any hassle. All these are already integrated with the mobi wallet. Merchants can take complete benefit of this system and can convert the coins into mobie tokens on demand.

Various features of mobiepay

Merchants and other users of mobiepay can use these features.

• Payments via mobile
  A mobile phone is a widely used device to make a payment because of its portability. QR code scanning makes the payment process secure. Now, you can choose cryptocurrency to make payment.
• Integration with POS
  There are over 225,000 POS worldwide that are integrated with major brands and retailers to make the payment easy via mobile. This will give advantage to the retailers and merchants while making payment. In short, they will get a cashback of up to 2.5 percent on making payment using the mobie wallet. This will be a great reward for mobiepay users.
• Bank account
  Moreover, the users will get a facility to use their bank account on this virtual platform. In short, they can enjoy branchless banking. They can check the account balance, savings account, pay a bill, deposit directly to their account, and more.
• Card
  Merchants and retailers can use mobie to make payment via their debit card as it is integrated with mobie.
• Easy payment
  Moreover, they can make or receive payment from their peers located anywhere in the world via cryptocurrency and fiat.

Other features of mobie pay include quick pay, payment by scanning QR code, cashback and rewards.

About mobiepay rewards

Mobiepay is designed to incentivize their users. Users can enjoy cashback rewards and loyalty discounts by using their mobiewallet. This is to encourage users. In addition to this, they have valuable promotions for users. Moreover, mobiepay is about to introduce a new feature that will give a unique reward to the users. The users will get a coin in their wallet the moment they enter into the stores. This will be done via geofencing the stores within a location. Users will even get rewards on sharing mobie or recommending this to their network of friends. As a result, they also become a partner in sharing the benefits of mobiepay.

They are allocating token to their users but a few percentages of them are reserved for founders, team, advisors, bounties, early adopters, public sale allocation, launch partners, and bonuses.

So, switch to mobiepay now.