Bitcoin Powers New Worldwide Cellphone Top-Up Service

Mobile payments pioneer mHITs has entered the bitcoin space with a platform it claims is the “easiest way” to send phone credit across borders.
The new service, BitMoby, lets users transfer between $10 and $100 to mobiles in over 117 different countries, without the need to register.
MHITs, founded in 2004, offers a range of mobile money services to customers in Australia and beyond.
Speaking to CoinDesk, CEO Harold Dimpel said the project is a chance for his company to experiment with digital currency, while giving users a simple and fast experience that “simply cannot be achieved via existing card-based technology”.
How it works
Like competitors Piiko and Bitrefill, mHITs’ new service is the online equivalent of a cash top-up made over the counter at a local newsagent.
Users do not need to register with BitMoby or any kind of mobile money operator (Kenya’s mPesa, for example) to send funds, nor do they need to disclose any personal information.
In fact, all that is needed to complete a bitcoin transaction is the recipient’s phone number, their country and an email address. The latter is used to contact or refund the sender should something go awry.

This post was published at Coin Desk on February 16, 2015.