The universal payment service MOBI.Money is a complex set of tools that allow you to carry out money transactions and electronic mobile payments. The technologies used by the system are based on the achievements of the PayCash Group, created in 2003. Today the MOBI.Money system owns the intellectual property rights of the PayCash Group of Companies.

 

legal information

The company was founded in 2009 as a closed joint stock company. The owner of the securities is VTB - Venture Fund. The bank "Tavrichesky" is the payment guarantor. The main office of the payment service is located in Moscow. Main business: mobile payments and e-commerce. The MOBI.Money system conducts financial transactions on the basis of the BR license No. 3523-K. The license was issued on December 6, 2013.

In 2010, the electronic service was the first to introduce the technology of payment for services using mobile payments. Currently, in addition to this service, MOBI.Money offers the following services:

depositing funds to a mobile number account using an SMS notification. The service is known as "3115.ru";
mobile transactions (Beeline and Unistream partners);
payment for "SkyPay" communication services. Replenishment occurs instantly (payment is possible via SMS-notifications or the Internet;
innovative service Pay2Day (under development). Focused on paying for utilities.
Service MOBI.Money as of 2015 is used by more than 14 million people. The principle of the system is reduced to payment, which is carried out using the phone. The money comes from a phone account or a bank card attached to the number.

Typical differences of the electronic payment system from other services:

no need to open a bank account;
an ordinary phone can be used for payment (you do not need to download and install anything to pay);
money comes instantly;
a clear way to conduct transactions;
An alternative to using SMS messages is a global network.
To create an account, the MOBI.Money system requires a phone number, after which he receives a password to enter the system. Since the key source of finance is a phone or plastic card account, funds are deposited in traditional ways. For transactions, a commission is charged, the amount of which varies from 0% to 5%. The commission fee depends on the type of services or goods that the user purchases, as well as the object of trade.

 

Partner offers

The multifunctional system can be integrated into any financial enterprise, from an online store to a bank.

 

Bank card transactions

All customers who create an account in the MOBI Money system can pay for online purchases using a plastic card. This payment method is completely secure. Transactions that are carried out in the global network with the indication of the card number carry a significant amount of risk. By using the payment service, customers can make purchases quickly and completely securely. The following types of bank cards can be used as payment:

VISA;
JCB;
Diners Club;
MasterCard (except for Electronic cards).
The service can be used by subscribers of almost all major mobile operators, for example, MegaFon, Beeline and others.

How do you pay?

After registering in the system, the client needs to link his bank card to his account. After that, the user can choose a service or product that is presented on the official MOBI.Money website. The transaction can be performed via SMS or directly on the companys website. At the same time, the client needs to enter information about the payment card only once (when linking it). When making frequent payments, the client has the option "repeat", which allows using templates and not entering the recipients details every time.

The following types of cards are not allowed for making payments:

American Express
"Maestro";
"STB Card".
All goods and services presented on the service website are available for payment. In addition, the MOBI.Money system ensures the efficiency of payments, guarantees customers data on the possibility of a transaction in favor of a particular product (service), and also informs the payer that the seller has accepted the order. In the event that the payment fails, the funds are returned to the users account with a corresponding notification.

In order to cancel the transaction, the payer needs to contact the support service. The application can be made on the companys website or use the phone number 8-800-555-3115. According to the terms and conditions provided by the MOBI Money system, an application to cancel a transaction can be submitted within 10 days.

Reasons why a payment towards a service provider may not go through:

absence from a financial institution (bank);
debit or credit card is inactive (blocked);
the security system interrupted the operation (potential threats to the parties);
insufficient amount of funds on the card;
the amount of funds that can be used for payment has been exceeded.
Restrictions for MOBI users. Money for using a bank card provides for no more than 3 transactions within 24 hours. Only one card can be connected to one number of any mobile network operator. In addition, there are other restrictions, namely:

for telephone services during the day, you can use funds in the range of 100-500 rubles;
limits provide for replenishment of the telephone account in the amount of no more than 1.5 thousand rubles per day;
it is allowed to disconnect (connect) a bank card once within 24 hours.
Payment for other goods is carried out in accordance with the rules presented on the official website of the payment service.

 

Security of transactions in the MOBI.Money system

Not a single financial transaction in EPS goes through without notification to the users phone. The details of the clients bank card are used once, namely during its connection to the payment service. The PIN-code of the bank card is not entered during registration and when carrying out monetary transactions. Data encryption is performed by the latest security systems that comply with international standards.

In addition, the developers of the MOBI.Money payment system have set strict limits that limit the possibilities of fraudsters. The client gets the opportunity to use a debit or credit card only after confirmation of the fact of its ownership. At the first connection, the system requires a payment in the amount of 1 to 10 rubles. After that, the user will have to contact the bank in order to find out the exact size of the "checksum". Only after providing this information to the employees of the MOBI.Money company, the bank card can be connected to the phone number.

In general, the entire security system provided by the MOBI.Money system can be represented at the following levels:

using a password to log into an account, make payments, view transaction history. All options are available exclusively to the owner of the phone;
protection with SSL encryption. All data is transmitted through closed channels and cannot be used by third parties;
additional confirmation of payments. Thanks to this option, the client has the opportunity to check the recipients details once again, and, if necessary, cancel the transaction;
licensed providers, operators, stores and other companies. All organizations that are available to clients of the Money service are partners. Legal agreements have been concluded between them and the payment system. Therefore, fraudulent actions on the part of the seller of the goods or service provider are excluded;
round-the-clock support service for clients (payers);
control of transactions by the EPS security service. The payment platform stores on servers all information related to completed and canceled financial transactions;
the use of closed proxy servers on the companys website is prohibited.
One of the ways to provide additional security for each financial transaction is the introduction of an electronic digital signature. Thanks to the EDS, the recipient or sender of funds can identify the author of the message. Alternatively, the system offers to use a “blind” electronic signature, which protects transactions and other personal data from the administration of the payment system and a banking institution.

The modern MOBI.Money system meets all security requirements and provides its customers with the highest level of service. In accordance with the requirements of the legislation, the service does not serve virtual casinos, portals of erotic content, as well as PSs that allow you to withdraw funds in favor of third parties.

As of 2016, the company plans to implement a project that will expand the capabilities of services and provide users with a function to withdraw funds.