A popular prepaid voucher
mCoinz is a prepaid voucher (gift card) that may be used in order to purchase goods and/or services from dedicated online webshops. mCoinz vouchers are available all across the Middle East with more than 60,000 points of sale.
A PIN is allocated to each mCoinz voucher. Upon purchase, the consumer enters the PIN in order to validate the transaction. Accepting mCoinz will also increase your sales, as you can target consumers that do not have credit or debit cards and it also provides the payment solution for declined card transactions and blocked customers. mCoinz vouchers are available in $5, $10, $25, $100, $300 values. There is also the option of Pay in vouchers where a consumer can buy the voucher in the desired amount.
Each transaction is settled in the currency of the local merchant, such as the U.S. dollar. Transactions are processed in real-time and merchants will receive, as with all of the Alternative Payments services, customer support and access to sales reporting and transaction data via their own admin pages.
Easy to use:
- - all that is needed is a mCoinz voucher
- - no credit card or bank account required
- - no customer registration necessary
How mCoinz works
The consumer selects the mCoinz payment option at the checkout and enters the unique PIN to approve an online transaction. mCoinz platform verifies the PIN and deducts the amount.
United Arab Emirates, Kuwait, Bahrain, Oman, Jordan, Lebanon, Egypt