Mi-Pay Group Plc (LON:MPAY) CEO Michael Dickerson and CFO John Beale, talk to DirectorsTalk about positive preliminary results. Michael talks us through the highlights, the operating market and the relationships with MNOs and MVNOS, while John talks us through the financial highlights.
Mi-Pay Group Plc was founded in 2003 and delivers fully outsourced online and related payment solutions to digital ecommerce clients, primarily in the mobile sector. Its product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications and customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MNVOs). Mi-Pay sells, integrates and operates its products and solutions on a global basis. The new influx of ‘payment wallet’ solutions and alternative payment methods such as PayPal, Amazon Payments, Apple Pay etc. are increasingly becoming the payment methods of choice as customers look for secure, ‘one-click’ payment solutions, flexible on all devices. Our investments in this space are key to our success providing simple, integrated order and payment journeys which allow the payment method of choice for the customer – whilst removing the risk for the Mobile Operator. Our white labelled product suite and deep integration with Mobile Operator platforms, along with our payment agnostic approach to payment partners enables us to answer the market’s requirements.
