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.

EXPAND FOR MORE

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.

EXPAND FOR MORE

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

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  • May 2010

    MPAY is created

  • 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

  • July 2014

    MPAY lists 50.000 clients on its database

  • October 2014

    MPAY users can now pay their DigitAlb PayTV subscriptions

  • 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

  • November 2016

    Customers start paying their fixed telephony bills through MPAY

  • 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

  • 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

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

March 2021

the MPAY service completes its mission on the market. KUIK is now the flagship service of the company

May 2019

MPAY introduces KUIK

April 2018

MPAY celebrates 5 years of operations with 130.000 registered clients and 15 million processed transactions

September 2017

MPAY is a finalist in the 1st edition of Raiffeisen Bank International’s startup accelerator program, Elevator Lab

November 2016

Customers start paying their fixed telephony bills through MPAY

April 2016

Telekom Albania becomes the third mobile phone operator to join the MPAY platform

April 2015

MPAY processes more than 250.000 transactions a month for 70.000 registered clients

October 2014

MPAY users can now pay their DigitAlb PayTV subscriptions

July 2014

MPAY lists 50.000 clients on its database

April 2013

MPAY launches its USSD-based mobile payment solution in collaboration with Raiffeisen Bank Albania, Societe Generale Albania, Vodafone Albania and ALBtelecom

May 2011

MPAY obtains a non-bank financial institution license from Bank of Albania

May 2010

MPAY is created

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 KUIK 2021. All Rights Reserved.

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© Copyright KUIK 2021. All Rights Reserved.

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