Mobile Money
Mobile Money is a comprehensive e-money platform operating in Malaysia that simplifies payments and money transfers. It offers a variety of services including instant remittances, mobile ATM payments, e-wallets, e-vouchers, and payment collections, providing users with a versatile and easy-to-use digital financial ecosystem.
Country
Portugal
Population (Portugal)
10.2 million (estimated)
Number of Internet users
8.7 million (estimated)
Popular payment methods
Credit Cards, Debit Cards, Digital Wallets, Cash Payments, Bank Transfers
Distribution by payment method (%)
| Type: | Digital Wallet, Mobile Payment | Total Customers: | 3 million users (estimated) |
| Currency: | Euro (EUR) | Money transfer volume: | EUR 20 billion annually (estimated) |
| Coverage: | 60% of Portugal’s internet users (estimated) | Refunds: | Yes (limited) |
| Chargebacks: | No |
About payment system
Mobile Money is a fully integrated e-money system based in Malaysia, developed to simplify payments and money transfers. The platform supports a wide range of services, including instant remittance, call-to-park, e-wallet, e-cheque, mobile ATM payments, e-voucher systems, subsidy management, payment collection, and over-the-counter transactions.
As an approved E-Money issuer under the Financial Services Act 2013 and a licensed remittance provider under the Money Services Business Act 2011, Mobile Money is built around innovation and mobile-first usability. It offers a seamless experience for users looking to handle financial transactions quickly and securely.
In Malaysia, Mobile Money has become a popular payment solution for businesses, offering a convenient and efficient way to manage purchases and commercial payments.
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For issues or questions, check out our FAQ page or contact us via phone, email or contact form.
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