This video demonstrates how to make a POS payment without a card and PIN. mobb is a mobile payment service that operates in Bulgaria. The service is provided by Borica Bankservice, a company owned by the central bank and the 27 commercial banks in the country. The mobb service is based on mobile technology, processes and methods from Accumulate.
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mobb POS payment 3
Published by Uma Rajagopal
Posted on October 9, 2013
1 min read· Last updated: October 10, 2013
Key Takeaways
- mobb enables POS payments without physical cards or PIN via a mobile-generated payment code.
- The service is operated by Borica‑Bankservice, owned by Bulgaria's central bank and 27 commercial banks, using Accumulate’s technology.
- Users can register multiple cards, lock/unlock them, check balances, review transaction history, and send money peer‑to‑peer.
- Payments are processed through existing POS infrastructure without extra hardware, across iOS, Android, and Windows platforms.
References
Frequently Asked Questions
What is mobb?
mobb is a Bulgarian mobile payment service by Borica‑Bankservice that lets users pay via mobile using a one‑time code instead of card and PIN.
How are payments authorized?
Users generate a temporary payment code in the app, enter it at the POS terminal, and confirm on the phone; no card data is stored on the device.
Which platforms support mobb?
mobb works on Android, iOS, and Windows Phone, and initially extended to multiple banks in Bulgaria.
What additional features does mobb offer?
Beyond POS payments, users can lock/unlock cards, check balance and recent transactions, and send money to other mobb users.
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