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HomeBankingMogo Inc.: Announced plans to launch a mobile P2P payments app

Mogo Inc.: Announced plans to launch a mobile P2P payments app

  • Launch a mobile P2P payment solution that will enable users to quickly and easily make and share payments through Mogo’s mobile app
  • Expect to see growing demand for mobile, next-generation payment solutions that let users send and receive money instantaneously from their smartphone
  • Peer-to-peer payment is a natural extension of digital platform and complement and seamlessly integrate with other products such as MogoSpend
  • Canadians rely primarily on Interac e-transfers for peer-to-peer payments1
  • Once launched, Mogo’s peer-to-peer payment solution will be accessible through the Mogo mobile app
  • Users will be able to quickly link their bank account or debit card and then begin sending and receiving money instantly through the app
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