XIPWIRE

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XIPWIRE Inc.
XIPWIRE screenshot2.png
XIPWIRE homepage
Founded Philadelphia USA (2009)
Headquarters Philadelphia USA, USA
Area served USA
Founder(s) Sharif Alexandre
Lee Krum
Website www.xipwire.com
Alexa rank negative increase 11,603,706 (April 2014)[1]
Advertising None
Registration partial
Available in English
Current status Inactive

Xipwire was a mobile payment service provider allowing payments and money transfers to be made with mobile devices using text messages. Mobile money transfers serve as electronic alternatives to traditional paper methods such as checks and money orders.

A Xipwire account can be funded with an electronic debit from a bank account or by a credit card. The mobile-to-mobile service allows consumers and merchants to send and receive money through text messages, protected by a PIN. Xipwire is free for users in 2010 but will start charging a flat 10 cent fee per transaction in 2011. Businesses will be charged one percent of each transaction amount in 2011, compared to the 2 to 2.5 percent credit charged for card fee transactions.[2][3]

The fee does not apply to donations to FOSS projects.[4] On 7 December 2010 Xipwire announced it will also be accepting donations on behalf of the website WikiLeaks free of charge.[5]

References[edit]

  1. ^ "Xipwire.com Site Info". Alexa Internet. Retrieved 2014-04-01. 
  2. ^ Vanessa Martinez (2010-04-28). "XIPWIRE lets students on the go pay with texts". The_Daily_Pennsylvanian. Retrieved 2010-12-08. 
  3. ^ Chris Harnick (2010-01-08). "Xipwire targets tech-savvy college students for mobile payments". Mobile_Commerce_Daily. Retrieved 2010-12-08. 
  4. ^ Lisa Hoover (2010-03-01). "Xipwire Helps FOSS Projects Collect Donations for Free". Ostatic. Retrieved 2010-12-08. 
  5. ^ Joe Petrucci (2010-12-07). "Philly mobile payment startup Xipwire to collect donations for WikiLeaks". flyingkitemedia.com. Retrieved 2010-12-08. 

External links[edit]