The new capabilities include mobile transfer services between accounts at different banks, get paid tools including text-to-donate and text-to-pay as well as enhanced checkout services for mobile and web-based transactions, designed to allow Obopay users to accept card payments from anyone in the US without the payer needing to register for the Obopay service.
In a recent interview, The Paypers sat down with Obopay representatives and found out that the company regards its Mobile Money for Banks as its most valuable proposition. Mobile Money for Banks is designed to make a bank account the anchor for all current and future mobile money transactions as opposed to carriers or online payment companies like PayPal.
Launched in May 2010, the service is fully brandable by Obopay’s bank partners and offers a full range of mobile transactions and applications with simple low-cost integration and deployment. Mobile Money for Banks includes the ability to send and transfer money, makes payment card acceptance available to everyone and can be implemented in 30 days or less.
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