PayEx Mobile
PayEx Mobile is a new secure payment service with which
you can pay for goods and services directly using your mobile phone. The
payment is debited from your PayEx Account and therefore completely independent
of the mobile phone's cash card or mobile phone bill. To shop just swipe your mobile
phone across the payment terminal and press OK to carry out the purchase.
As a consumer all you need to do is to register a PayEx
Account on the PayEx home page, top it up with money and send the payment
application to your mobile phone. In 5 minutes you are ready to pay with PayEx
Mobile!*
If your mobile phone does not have NFC, order an
RFID tag. The tag will be sent to your home, put it on the telephone and
you can also swipe your purchases!
* Because a payment code is always generated when your
telephone is in pay mode you can make a purchase even without NFC/RFID.
However, it is faster and more fun with NFC/RFID!
1 You can pay using PayEx Mobile here
PayEx Mobile acts as a means of payment with affiliate
merchants, and can be used on the internet, in vending machines and in the
physical world. Using PayEx Mobile you can also transfer money to other PayEx
Mobile users. If you want to top up your PayEx Account through your mobile
phone just to save your card details in your PayEx Account and then you can top
up using the PayEx Mobile application. This means that you always have your
money with you, either directly or indirectly.
2 Security
PayEx Mobile requires verification in two
channels and is therefore one of the most secure and smoothest payment methods
on the market. Because the service is independent of your mobile phone bill or
cash card you can even lose your mobile without the risk of losing the money in
your account. The application is also protected by a 4-6 character PIN code
which the user chooses themselves.
3 How it works
When you have started a PayEx Account, deposited an amount
of money in it and installed the application on your mobile phone, you can pay
using PayEx Mobile at affiliate merchants.
You start the application by entering a PIN code. To make a
purchase select PAY in the menu on your mobile phone. At the same time the
merchant enters the relevant amount in their payment terminal. you can then choose
to pay by entering the code displayed on your mobile phone, or by swiping the
mobile across the terminal. (In the latter case you need an activated RFID tag
attached to your telephone.) Finally you approve the payment by pressing OK or,
for amounts above SEK 300, by entering your PIN code.
Shopping on the internet works in the same way, except only
using the payment code.
4 RFID-tag
You need an RFID tag to swipe. An RFID tag is a sticker
which you can secure to the back of your mobile phone or directly onto the
battery. The tag is connected either by an activation code or in one of the
payment terminals. An RFID tag costs SEK 30 and can be ordered in you PayEx
Account under PayEx Mobile or here on the home page. This purchase is carried
out as a PayEx Mobile internet purchase, using the payment code.
5 Transfers to PayEx Accounts
To shop with PayEx Mobile you need money in your
PayEx Account. The first time you choose to top up your PayEx Account you need
to be logged into the account. If you choose to save your card details here you
can then even top up your account through the PayEx Mobile application. This
means that you always have your money with you, either directly or indirectly.