Research Report – MobiePay
Published December 22, 2019.
MobiePay is a US-based blockchain startup working to create a universal payment ecosystem built around a suite of mobile apps. MobiePay want to enable users of their products to transfer fiat or digital currency directly peer-to-peer or to merchants for goods and services both quickly and easily.
In an effort to make cryptocurrency as usable as the fiat money we are accustomed to, MobiePay will use Stellar’s technology, and banking relationships to facilitate near instantaneous conversion of cryptocurrency to fiat thereby enabling the seamless experience regular payment cards provide.
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