Domestic Transfer

Mi-Pay provides a unique domestic transfer or person-to-person payment solution (P2P) for consumers in cash-based economies enabling them to access and manage a wide range of personal money transfer, payment and banking services through their mobile phones.

Our service allows consumers to easily and cheaply transfer sums of money on an almost instant basis between themselves, or to make payments for various services as well as opening up banking and financial services to a greater population and therefore providing clients with additional revenue opportunities.  Local agents on the ground accept cash from consumers, and deposit it in stored value accounts. The agents can then make transfers or bill payments on behalf of consumers to other recipients, or the consumer can use their own mobile phone to interact directly with their own funds. Recipients are automatically notified by SMS when they receive funds, and visit agents to collect cash. Agents benefit from commissions payable every time they undertake a transaction on behalf of a consumer.

Mi-Pay's domestic transfer solutions can also act as the “Last-Mile” service for a wide range of financial products and services including local tax collection, pension, wages or other Government payments, insurance or healthcare premiums, micro-finance services and many others.

For more information on Mi-Pay's domestic transfer or P2P services download a product brochure.

Simply click here to view a product demo in Flash.