How they describe themselves: Mobexo offers a fully customizable system of pre-payment, payment, and post-payment services. The Mobexo mobile payment system allows two parties to transfer funds instantaneously and securely without the need of additional devices. Unlike credit cards or cash, Mobexo allows merchants to accept funds from customers without requiring them to give out their personal banking information. Our integrated services for merchants include directives for getting customers, business performance analytics, and functionalities for the management of promotions and customer loyalty programs.
How they describe their product/innovation: Mobexo seamlessly connects businesses and their customers. The Mobexo mobile payment application allows business owners to create customized and targeted promotional campaigns via the Merchant Portal to reach their customers when they want to and how they want to. Personal Mobexo users then have the ability to apply these offers when they pay using the application. Every time a user checks out using Mobexo, it will notify them when they have offers to apply to their payments. In this way, Mobexo is a tool that enlivens the connection between consumers and businesses.
Product Distribution Strategy: Direct to Consumer (B2C) & Direct to Business (B2B)