PayByMobile is a simple and intuitive way for buyers and merchants to harness the power of their mobile phones to complete secure financial transactions and wire transfers.
PayByMobile is currently the best and only way to pay using your mobile. PayByMobile is a mobile payments service accessible by 2 billion mobile telephone users from more than 570 mobile telecommunications networks. Pay By Mobile empowers every mobile user in the world with the ability to buy, sell or trade money, anytime, anywhere. Pay bills, send money to friends, and buy things both online and in the real world – simply by using your phone.
mobiK users will automatically be registered to PayByMobile also. mobiK sends SMS from either a browser or a mobile phone to most world destinations. It’s free and ad-supported. Each message is appended with an ‘ad tag’ from the sponsors. Register at mobiK.
PayByMobile is currently one of the payment options in MobiK store. It works with K credits, you can purchase K with Paypal or credit cards.
With PayByMobile, buyers can pay for things, whether online or in a retail store, and transfer funds to friends as eazy as 1-2-3. simply use your mobile phone to send an SMS or instant text message to PayByMoble’s secure server, and your financial transaction will be processed in a matter of seconds.
You need to purchase K, the currency of PayByMobile, using your credit card or PayPal account, and you can immediately start to buy goods and services from any PayByMobile merchant or member.
To use PayByPhone in your cell phone, download the mCard applcation to your mobile. The PayByMobile enabled stores will supply a code to you. You open the mCard application in your cell phone and enter the code there. The application contacts PayByMobile servers and completes the transaction.
Merchants can sign up with PayByMobile to accept secure financial transactions from 2 billion strong mobile phone users.
PayByMobile and mobiK are funded by the same investor, Soon Corporation.