- July, 2013
- Mobile, Mobile Payments
Mobile money platform
iMoCu Corporation is a New York-based mobile technology company that offers a frictionless mobile wallet which enables people to securely send money to anyone, anywhere instantly through a simple SMS text message. Together with their merchant POS app and plugins, they enable people to complete retail and online transactions with the same anonymity as cash.
Mobile Wallet: Their mWallet is frictionless and allows anyone with a SMS enabled phone to create a mobile wallet in under a minute. Users can load their wallet by linking their bank account or using cash at any of their merchant locations or participating banks. They currently have over 9,000 such locations in the US. The mWallet allows for post-funding activation, which allows users to send money to anyone, including non-mWallet users. The mWallet is integrated with a reloadable debit card and supports digital currencies as well. This allows users to move funds... See More