Regardless of where in the world you live, use Paymobil to buy and save in dollars. You can use cards or bank accounts to buy dollars, or get paid in stablecoin directly to the app.
You can request and send money to any email or phone number in the world. When you pay friends and family abroad, they can have the money in seconds instead of waiting for days. You pay NO transaction fees when sending or receiving money with Paymobil.
We make instant global payments possible by using US dollar-backed stablecoins that can be cashed out in the recipients local currency. Stablecoins are cryptocurrencies where the value is pegged to a national currency, in this case the US dollar.
We use USD Coin (USDC) on the Polygon Network. It is the most trusted stablecoin and is 100% backed by real dollars. It is audited every month by a top-five US accounting firm. The current USDC supply is over $50B, and you can always exchange 1 USDC for 1 USD directly to your bank account (in supported countries).
Or at many exchanges worldwide such as Coinbase, Circle, Binance, Kraken, Bitso, Ripio and more.
Paymobil is a user-friendly USDC-wallet where you can hold your money securely and don’t worry about losing your private key. It’s the first wallet that is easier to use than legacy p2p services. You don’t have to care that it is built with crypto technology under the hood.
A private key to your wallet is created on your phone when you sign up. Only you have access to your funds, we never see your private key. Your key is encrypted and automatically backed up to iCloud or Google Drive. You never have to worry about loosing your private key if you loose your phone. Just install Paymobil on a new phone and you are ready to go.