improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2016 learn how and when to remove this template message this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . february 2016 learn how and when to remove this template message learn how and when to remove this template message mopay inc. industry telecommunications mobile communications payments founded 2000 as mindmatics headquarters palo alto california united states products electronic payments mobile payments number of employees 100 parent mindmatics ag website mopay inc.com mopay is an internationally leading mobile payment platform 1 represented in the usa by mopay inc. mopay and mopay inc. are registered trademarks of mindmatics group a germany based mobile marketing expert . contents 1 history 2 product 3 see also 4 references 5 external links history edit the brand mopay was first registered in germany in 2003 by mindmatics ag . offering a single payments interface between online merchants and their respective end customers mopay from the very beginning was designed as international mobile payment platform . in 2009 mopay became the central product of the mobile payment division of mindmatics group . in early 2010 mopay inc. was founded as the north american branch of mopay . 2 product edit the international mobile payment platform mopay is addressing vendors of virtual goods and digital goods . it offers a fast and easy billing option for small online purchases through mobile operators accounts . mopay opens up a unique new customer base unbanked and underbanked individuals who do not have access to credit cards or bank accounts . by utilizing mobile devices mopay is the most widespread payment option available worldwide . 3 4 although mobile payment methods in general still have higher transaction costs than other electronic payments recent studies show that conversion rates improve dramatically with mobile payments . 5 mopay connects to mobile operators in over 80 countries and thus has a technical reach of 4.3 billion people . 6 see also edit mobile payment mobile commerce service provider smscoin fortumo zong mobile payments references edit company profile on crunchbase . mopay expands to the u.s. . inside facebook . 16 february 2010 . credit card penetration in selected countries pdf . mopay coverage claim . mopay conversion rates claim . mopay coverage list . external links edit mopay homepage mopay demo retrieved from https en.wikipedia.org w index.php title mopay & oldid 735173541 categories mobile paymentshidden categories articles with a promotional tone from february 2016all articles with a promotional tonearticles needing additional references from february 2016all articles needing additional referencespages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 19 august 2016 at 01 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view