MobiBucks is a secure and innovative payment solution that enables customers to pay for everyday purchases with just their cell phone number and a 4-digit PIN. Consumers love it because it’s a free, convenient and secure way to pay without their wallet. Merchants love it because it helps them attract and keep loyal consumers that spend more with greater frequency.
Their goal is to help merchants improve the profitability of their businesses while also enhancing the customer’s experience. They feel they can do this by converting up to 50% of merchants’ cash transactions into electronic transactions.