Mobile Banking

Mi-Pay's mobile banking system is both convenient and exceptionally secure, working on the vast majority of mobile handsets and is also operator independent. It does not require the customer to stay connected to the network, as payments and beneficiaries can be set up and stored offline. A network connection is only required to action the payment or make an inquiry, at the customer's convenience.

Unlike other inferior offerings, Mi-Pay's mobile banking client provides the consumer with a full range of secure banking services enabling them to have immediate access to their account balances and recent transaction history, as well as allowing them to make payments, transfer money between accounts and request additional services - all from their own mobile phone. In addition, Mi-Pay's system is OATH compliant and can be used as a 2FA token instead of cards/readers to authenticate Internet banking sessions if required. It also allows the bank to market and provide additional services to the consumer in a non-intrusive positive manner improving the whole experience for both parties.

Mi-Pay's mobile banking service has already been adopted by a number of the worlds major retail banking software providers, so you can be sure it is both secure and reliable. It enables banks to seize new markets. It has very low usage costs which encourages rapid take-up. It supports very high function yet is designed for easy implementation and runs on minimal configuration servers, with no hosting or third party costs.

The service is designed to support both simple virtual banking services against local stored value accounts to full scale mobile banking services against bank controlled accounts where available. The account can be funded with cash locally or by card where international remittances are used to credit the account.

For information on Mi-Pay's mobile banking services download a product brochure.