Government fund of funds
Development institute of the Russian Federation

MOBI.Money

MOBI.Money
Included in the portfolio of the fund: VTB – Venture Capital Fund CE VF
Link to website: www.mobi-money.ru
Year of inclusion in the portfolio: 2008
Investment Status: Extension
Economic Sector: Information Technologies, Internet and Services
Direction of modernization: Strategic Computer Technologies and Software
City: Moscow

The company's technology secures the presence of the possibility to use networks of mobile communications, to allow payment in favour of certain sellers, for a wide range of goods and services, by providing the payment terminal functions on the subscriber's device (the so-called "mobile payments').

The possibility to use the means, through the personal account of the mobile operator, to pay for the goods and services (of the third parties). Due to this availability, the user does not need to preliminarily register in virtual wallets, visit offices, change SIM-cards and possess banking accounts or cards — the only requirement for payment is a cell phone. Any operator's subscriber may use this service, there are no restrictions or special demands.

Currently the company's product line includes the following services:

  1. Mobile payment — payment for the products and services of third-party organizations using a cell phone as a payment mini-terminal.
  2. Mobile transfer — transfer of funds between the subscribers of various communication operators with the subsequent possibility to cash out, via the cash desks of the partner money transfer systems.
  3. Top-up — remittance to any subscriber's account of the communications operator by bank card connection.
  4. Mastercard Virtual (working title) — a Mastercard virtual card, which generates a card number on the basis of the mobile phone number and working under a dynamic CVC. The target audience for this product is the non-banking population.

Contacts

+7 (495) 789-89-18
Venue: