mPayy, Inc., mobile and online alternative
payments service, announced their "mPayy Mobile
Payments" application is available at the iPhone app store.
They recently also announced an mPayy Android app available in Android Market. The mPayy application runs on all Android devices - from the Sprint HTC
Hero and T-Mobile Motorola CLIQ running Android 1.5 and the newly
released Verizon Motorola Droid running Android 2.0.
All mPayy Personal and Business accounts may use the e application
to make and receive person-to-person payments, track activity, and
withdraw funds from their mPayy accounts to linked bank accounts.
Business account holders are also able to issue refunds for any sale
through the application, even if it occurred on their website.
Once members open Business accounts, they will be able to generate their
own API key to unlock mPayy's payment services, and add secure debit
payments to their online or mobile websites and applications. API keys
may be used to authorize one-time or recurring billing subscription
payments for digital content and other services. Merchants can receive
mPayy members' shipping information via additional service calls to
fulfill orders conducted through its online and mobile payments service.
mPayy members without bank accounts can receive funds into free, no fee,
Stored Value accounts. These funds can be easily budgeted and used to
make purchases at e-commerce merchants where mPayy is accepted, or
transferred for free to account holders that have bank accounts where
the funds can be withdrawn quickly for free.
Personal account-holders can receive free mobile payments, and small
business account-holders face low cost merchant processing fees.
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