MoneyOnMobile, Inc. (MOMT)

Overview

MoneyOnMobile, Inc., previously known as Calpian, Inc. until its name change in August 2016, is a pioneering company headquartered in Dallas, Texas. Incorporated in 2006, it specializes in offering innovative financial solutions through its mobile SMS and smartphone application named MoneyOnMobile. This application is designed to facilitate a wide range of financial transactions directly from a user's mobile device, making essential services more accessible to its users.

Products and Services

MoneyOnMobile, Inc. delivers a variety of financial services through its m-Wallet application, aimed at simplifying the process of conducting financial transactions for its users. Below are the key services offered:

• Mobile Recharge: Users can effortlessly recharge their mobile phone balance. This convenient service ensures that customers can top up their mobile phones anytime and anywhere, eliminating the need for physical recharge cards or retail outlets.
• Utility Bill Payments: The platform allows for the payment of various utility bills directly from the m-Wallet. This includes electricity, water, and gas bills, facilitating a simple and time-saving method to manage monthly utility payments without the need for visiting payment centers.
• DTH Account Top-Up: Customers can easily top-up their Direct-To-Home (DTH) television services accounts, ensuring uninterrupted access to television content. This service caters to the growing demand for convenient home entertainment solutions.
• Shopping for Goods and Services: The application serves as a gateway to shop for a plethora of goods and services online. It caters to the modern consumer's preference for online shopping, providing a secure and hassle-free shopping experience.
• Travel-Related Services: MoneyOnMobile facilitates the booking of travel-related services, such as flight and train tickets. This feature makes it easier for users to plan and book their travel without the need to visit multiple platforms or travel agencies.
• Banking Transactions: The m-Wallet integrates banking transaction capabilities, enabling users to perform various banking operations such as transferring money, checking account balances, and making payments. This consolidates banking needs into a single, accessible platform, enhancing the user's financial management efficiency.