Mobipaid is an integrated payment solution present in the UK, Europe and Southern Africa.
Through Mobipaid, merchants can send payment requests to their customers via instant messaging, text messaging (SMS), picture messaging (MMS), email, social media, and QR codes.
The merchant only pays when they use the service; it is free for the customer to use.
Prices are going from €0.20-0.25 per transaction and €0.08-0.10 per SMS.
Additionally, according to their website, there are no registration or setup fees and no account termination fees
Merchants can use their existing MID or get a card issued by Mobipaid.
Their service is a cloud-based service that does not require the customer to download an app or register card data. Merchants “request” payment by sending customers an email or text message.
The transaction is processed through Pay.On’s white-label gateway service, which works with more than 400 banks, card networks, online travel agencies, and mobile operators.
We could not find any irregularities around Mobipaid. However, we included it in our “Orange Compliance” list due to a lack of information on their website regarding their licensing and their exact headquarters and Jurisdiction.