MobiePay is being developed to bridge the gap and connect to the other 99% by providing an easily adopted interface for a simple and rewarding end-user experience. Mobie will start by using off-chain payment technology while building on the chain in the background. Mobie’s mission is to create a reliable and accessible alternative to the existing banking and payment infrastructure. The Mobie system should allow you to utilize your smart device as a digital wallet that can be used globally at any point of sale. It will provide a very familiar place to store your money safely and then access it instantly for convenient transactions.

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As the name suggests, a moving average provides the average closing price for MBX over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for MBX is a sum of MBX’s closing prices over the last 12 days which is then divided by 12. MBX is used to collateralize the exchange between crypto-assets and fiat or vice versa to enable payments with any of the products, e.g. currency exchange, real world payments, and global payroll. Bradley TownsendMobie is the mainstream consumer banking application, Mobie will have in-app account tracking, invoicing, payments and account management. The will be more integrations along the way that we don’t want to speak on just yet. Built using Stellar tech, MobiePay are creating a universal payment ecosystem built around a suite of mobile apps. Their three apps will target mainstream consumers, crypto-users, and merchants.

More about MobieCoin

• Bradley TownsendI have been working closely with Mobie for over a year heading up the Business Development side of the project and leading partnerships.
• Linking with the MobieWallet, MobieX allows for real-time cross border transactions that’ll use your existing assets to pay whatever the local merchant requires.
• Instead, users can use their mobile phones to access MobiePay services.
• The goal of the tokenized community is to help users gain even more rewards from using Mobie and this will be done using a tiered membership Discord channel.

In order to ensure things run smoothly over the launch period, there is a transaction cap of 10,000,000 MBX tokens per session. This cap is simply to help manage traffic over the bridge while we are launching and will be removed very shortly. Mobie has launched the MobieSwap Token Bridge just in time for the start of our first staking event in partnership with Ferrum. This is one of the most exciting opportunities for MBX-holders in Q2 of 2021. With the new MobieSwap Token Bridge, it’s simple to convert your MBX tokens from the Stellar Network to wMBX ERC20 tokens on the Ethereum Network. This helps liquidity, makes it possible to participate in DeFi, and opens the door to frictionless trading on Ethereum. It also enables staking opportunities through Mobie’s partnership with Ferrum.

It will also facilitate purchases with any smart device, so you will be able to immediately spend cash or crypto using the Mobie token. By having all your debit cards, bank accounts, and cryptocurrency wallets in one easy to use app, you’ll be able to use all of the above when choosing to pay your bills. You’ll even be able to set up easy automated bill payments directly from your phone. In addition to the logistical benefits of MobiePay, merchants are able to leverage MobiePay’s proprietary data platform to optimize direct marketing and promotions for their loyal customers. MobiePay users receive cash back bonuses from top global brands & retailers for everyday purchases at physical and online locations, and so are incentivized to use merchants partnered MobiePay.

The rise of mobile payments has been extremely beneficial to the consumer banking industry worldwide and is leading to a cashless society in some countries. The fuel which allows to Mobie ecosystem function is the integrated payment & rewards token called MobieCoin. This token is the core technology powering the platforms and is an exchangeable, tradeable asset that will become a global currency, frictionlessly usable across borders. MobieCoin acts as a universal rewards token providing a frictionless loyalty program for all Mobie merchants and partners. You’ll also be able to pay anyone, in whichever fiat or digital currency you prefer, anywhere, anytime, all from your mobile app. This means no more having to get to your laptop or PC when mobiepay wallet looking to send funds overseas, and more importantly, zero exchange fees.