WHO ARE WE
MPAY, as a company was established in 2010, with the aim of providing bank-centric mobile payments on the Albanian market. Its namesake service was launched in 2013 in collaboration with Raiffeisen Bank Albania and Societe Generale Albania (now OTP Bank Albania).
MPAY provided a payment processing switch allowing clients of banks to pay their utility bills, top up their mobiles, check balances of their bank accounts and receive alerts of their utility invoices. This was a pre-mobile banking era.
The innovation MPAY brought at the time was the connection of clients’ mobile phones, regardless of how smart or basic they were, to those clients’ bank accounts. Such connection enabled and increased the interaction between bank clients and their bank accounts in terms of utility and usage.
WHO ARE WE
MPAY, as a company was established in 2010, with the aim of providing bank-centric mobile payments on the Albanian market. Its namesake service was launched in 2013 in collaboration with Raiffeisen Bank Albania and Societe Generale Albania (now OTP Bank Albania).
MPAY provided a payment processing switch allowing clients of banks to pay their utility bills, top up their mobiles, check balances of their bank accounts and receive alerts of their utility invoices. This was a pre-mobile banking era.
The innovation MPAY brought at the time was the connection of clients’ mobile phones, regardless of how smart or basic they were, to those clients’ bank accounts. Such connection enabled and increased the interaction between bank clients and their bank accounts in terms of utility and usage.
OUR
PHILOSOPHY
We have developed and own a secure, flexible, modular instant payments processing platform. We are committed to providing the best in class technology relying on existing bank infrastructure, but bringing them together around a shared platform in order to provide a payment network equipped with convenience, simplicity, security and ubiquity.
OUR
TECHNOLOGY
We have developed and own a secure, flexible, modular instant payments processing platform. We are committed to providing the best in class technology relying on existing bank infrastructure, but bringing them together around a shared platform in order to provide a payment network equipped with convenience, simplicity, security and ubiquity.
OUR
PHILOSOPHY
We have developed and own a secure, flexible, modular instant payments processing platform. We are committed to providing the best in class technology relying on existing bank infrastructure, but bringing them together around a shared platform in order to provide a payment network equipped with convenience, simplicity, security and ubiquity.
OUR
TECHNOLOGY
We have developed and own a secure, flexible, modular instant payments processing platform. We are committed to providing the best in class technology relying on existing bank infrastructure, but bringing them together around a shared platform in order to provide a payment network equipped with convenience, simplicity, security and ubiquity.
HISTORY
May
2010
MPAY is created
2010
2011
May
2011
MPAY obtains a non-bank financial institution license from Bank of Albania
April
2013
MPAY launches its USSD-based mobile payment solution in collaboration with Raiffeisen Bank Albania, Societe Generale Albania, Vodafone Albania and ALBtelecom
2013
October
2014
MPAY users can now pay their DigitAlb PayTV subscriptions
2014
July
2014
MPAY lists 50.000 clients on its database
2015
April
2015
MPAY processes more than 250.000 transactions a month for 70.000 registered clients
April
2016
Telekom Albania becomes the third mobile phone operator to join the MPAY platform
2016
November
2016
Customers start paying their fixed telephony bills through MPAY
2017
September
2017
MPAY is a finalist in the 1st edition of Raiffeisen Bank International’s startup accelerator program, Elevator Lab
April
2018
MPAY celebrates 5 years of operations with 130.000 registered clients and 15 million processed transactions
2018
2019
May
2019
MPAY introduces KUIK
March
2021
the MPAY service completes its mission on the market. KUIK is now the flagship service of the company
2021
HISTORY
STRATEGY
Mission
To provide an instant payments service and solution to the markets in which we operate. Make transfers and payments ubiquitous and accessible for everyone.
STRATEGY
Mission
To provide an instant payments service and solution to the markets in which we operate. Make transfers and payments ubiquitous and accessible for everyone.
Values
Other than mission, vision and technology, we rely heavily on:
Our Team
We have a strong background in the financial and telecommunication services industry and possess a global perspective and expertise, bringing forward innovative energy.
Our Partnerships
We offer an interoperable, all-inclusive instant payment processing platform which allows and enables our partners to introduce new and best-in-class services for their end customers.
Values
Other than mission, vision and technology, we rely heavily on:
Our Team
We have a strong background in the financial and telecommunication services industry and possess a global perspective and expertise, bringing forward innovative energy.
Our Partnerships
We offer an interoperable, all-inclusive instant payment processing platform which allows and enables our partners to introduce new and best-in-class services for their end customers.
MPAY Sh.p.k
Tel: +355 (0) 4 45 11 777
Email: [email protected]
Address:
Blvd. Dëshmoret e Kombit, Twin Towers, Tower 1/11
Tirana, ALBANIA
MPAY Sh.p.k
Tel: +355 (0) 4 45 11 777
Email: [email protected]
Address:
Blvd. Dëshmoret e Kombit, Twin Towers, Tower 1/11
Tirana, ALBANIA
© Copyright MPAY sh.p.k
© Copyright MPAY sh.p.k