MOKIPAY EUROPE

**Mokipay Europe** is a Lithuanian company engaged in developing advanced mobile payment solutions such as Mokipay – cloud based mobile payment and loyalty platform for mobile operators, banks, retail companies. Together with the mobile network operator “Omnitel” it has launched NFC Mokipay mobile payments service, which is already well tested and successfully operating in Lithuania. Innovative service of mobile payments allows making payment settlements by mobile phones with the ... use of contactless NFC (Near Field Communication) technology. Mokipay has produced special NFC stickers containing chips, due to which the mobile payment service is made available practically for each mobile phone. After registering such sticker in the Mokipay system it is linked to the subscriber’s SIM card. To make such payment settlements a special Mokipay account is used, which can be replenished by a bank transfer or card. This account is not related to the mobile phone account.More