payfair Products
payfair@mobile
Solution
With payfair@mobile anyone with a cell phone can
conveniently send and receive remitted funds.
Typically funds can be sent instantly on the web
via the payfair Web Portal. Anyone with a mobile
phone can receive a money transfer. The recipient
may withdraw cash on ATM or at a local agent.
The remitted money can also be spent on the
web using the phone to secure the transaction. All
receiving cell phones can be used without prior
enrollment. The recipient's mobile phone must be
present to authorize any withdrawal.
What will this solution change in the
market, to whom and why?
Money can be sent to any mobile phone in the world at
anytime from anywhere (anywhere, anytime, anyone)
Extremely Secure—the phone must be present to send
and cash-out funds
Full traceability and transparency with built in KYC
(Know Your Customer) to meet regulatory requirements
User friendly and viral—several channels for sending
and using money conveniently
No paper, no plastic, no SMS, no Western Union agent!
Send money to any mobile
phone in the world at
anytime from anywhere.
“amazing:
it's so simple and
convenient”
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