MobiBucks lets you pay for your purchases using only your mobile phone number and a 4-digit PIN. To use MobiBucks, you’ll need to register for the service online or at a participating store (don’t worry, it’s free). Then, add money to your account using cash, credit card, or transfer from your bank account (you can do this online or in the store itself). The merchant will enter in your mobile number and PIN into the MobiBucks machine, and you will immediately receive an SMS text message confirming the transaction. Additionally, you can manage your MobiBucks account online to keep track of your withdrawals and deposits.
Consumers love it because it's a free, convenient and secure way to pay without their wallet. Merchants love it because it helps them attract and keep loyal consumers that spend more with greater frequency.
Their goal is to help merchants improve the profitability of their businesses while also enhancing the customer's experience. We feel we can do this by converting up to 50% of merchants' cash transactions into electronic transactions.
More at:https://www.mobibucks.com/
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