Mobile Top-up Market: the Less Discovered Fintech Opportunity in Times of Self-isolation
Topping up your mobile phone: a very necessary service, an everyday on-the-go function that has become even more up to date at those times of social distancing and self-confinement.
In recent years, several consolidating international mobile top-up services have appeared. Such services enable payments to dozens of operators all around the world — via the official website or via service’s official application that can be downloaded in digital stores. Thus, the mobile top-up market looks like an already explored field. And yet, you might already report difficulties with topping up someone else’s account. Especially today when one needs to stay on line all the time and when your fourth-age relatives and friends need to be taken care of. Among the most popular and user-friendly mobile top-up international services are:
This reputed service with over 10 years of successful history enables sending mobile credits in over 140 countries in 1 minute only. After a registration on the service's official website, the user can make a top-up using Visa, MasterCard, American Express and PayPal in US, Canadian, Australian dollars, euro and British pounds.
A global mobile recharging service where customers can instantly add minutes to prepaid mobile phones from over 400 carriers in 140 different countries. The service launches regional special offers.
This mobile top-up and airtime credit platform from Germany is now expanding its services all around Europe to either top-up their own prepaid mobile phone accounts or credit someone else in real-time in over 150 countries. Staxter also provides an opportunity for gift vouchers.
- Allo (by Monisap)
This French project created by a money transfer system enables simple, fast and convenient recharge of minutes, SMS and Internet balance of a user's personal mobile phone and those of his/her relatives and friends in over 180 countries. Together with Monisap, Allo provides money transfer service with the first transaction being free of charge.
The new level of service
It is yet a question why fintech projects and payment systems are not paying significant attention to the mobile top-up service integration. The only one until now was E-pay, founded in the late nineties in Malaysia. E-pay has been providing top-up services ever since prepaid mobile plans became popular, having expanded to include a host of other e-payment services now expanding out into Asia Pacific.
While mobile operators are struggling for customers, the most convenient way of purchasing their services is still a question every customer faces. It is up to those providers and payment solutions to sort it out together for a better and easier customer experience that consists only in always being able to stay in touch with the whole world. We suggest you should try out those different services and find the right one for your needs and those of your nearest and dearest ones.
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