Obopay lets you transfer money in a fast, convenient, safe and inexpensive way. As the first mobile payment service created exclusively for the mobile phone, Obopay works on any mobile phone and with any wireless carrier to provide consumers the security and convenience of mobile payments.
Obopay is CROSS CHANNEL which means You can use Obopay on different channels like the Obopay Application, WAP, or SMS whichever you feel comfortable with. For using the Obopay application you will need to have GPRS activated on your phone through your telecom operator.
Obopay is currently tied up with YES BANK and plans to tieup with other major banks soon. Its partners in India include Aircel, Loop mobile and Tata Indicom.
Obopay is a privately held company with funding from AllianceBernstein, Essar Telecom USA Limited, ONSET Ventures, Qualcomm, Redpoint Ventures, Richmond Management, and Wolfensohn & Company, L.L.C.