Paymo, Inc

Paymo is the trusted mobile payments network that allows consumers anywhere in the world to buy online and pay with their mobile phone. Paymo is currently available in more than 50 markets around the globe, enabling mobile payments to over 1.5 billion consumers in Europe, North and South America, the Middle East, Africa and Asia. For merchants – Paymo dramatically increases revenues, allowing hundreds of millions of new customers who do not have or do not want to use a credit card to buy products and services online. Paymo handles all the user billing, provides a simple electronic confirmation of the purchase and settles in the merchant’s chosen currency. Paymo‘s conversion rates are up to 10X better than traditional payments. For consumers – Paymo provides an easy, fast and safe way to pay online. You don’t need a credit card, or a bank account. You don’t need to register. Simply by entering your mobile phone number and replying to a text message you can make a purchase. The charges are deducted from your pre-paid balance or appear on your monthly cell phone bill.