MobileMoney
mobilemoney, Inc. is a US-based fintech founded in 1996 that designs and sells ATMs, cash-to-card kiosks, payment gateways, and cashless venue technologies for entertainment, gaming, and retail operators across 40 countries.
- Company typePrivate
- Founded1996
- HeadquartersSan Clemente, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What MobileMoney does
mobilemoney, Inc. is a US-based fintech payment solutions provider founded in 1996 and headquartered in San Clemente, California. The company builds and sells hardware and software for ATMs, reverse ATMs (cash-to-card kiosks), payment gateways, digital wallets, RFID wristbands, ticketing platforms, and access control systems, targeting entertainment venues, gaming and casino operators, and retail businesses across the United States. Its product portfolio spans roughly nine hardware SKUs, including the Onyx, Nova, Agile ATM, PAYBAX countertop ATM, MM150 prepaid kiosk, CM300 ticket redemption terminal, Gemini VGT terminal, and UK2 multi-purpose kiosk, all unified under the proprietary PAYAUTH payment gateway platform.
The PAYAUTH gateway is the core software layer, composed of a front-end user interface, middleware payment gateway and APIs, and back-end data storage, with built-in fraud management, tokenization, TLS/SSL encryption, and multi-factor authentication. Prepaid debit cards are issued through a Mastercard partnership enabling global acceptance. The company claims deployment across 6 continents and 40 countries, with 1,000-plus customers, locations, and terminals, supported by a 99.8% uptime SLA and 24/7 support operations.
MobileMoney generates revenue through three primary streams: hardware unit sales (e.g., Onyx ATM at $2,520 per unit with $500 flat shipping), transaction surcharge fees from its free ATM placement program (where venue operators keep 100% of surcharges in some configurations and the company captures fees in others), and payment gateway fees from PAYAUTH processing. Distribution combines direct inside sales, an e-commerce storefront with Stripe checkout, and channel partnerships, while marketing relies on content publishing, sponsored industry events, and trade-show presence. The company is privately held, founder-led by CEO Larry Dunnwald, and has not disclosed external institutional investment.
MobileMoney firmographics
Firmographics- Name
- MobileMoney
- Legal name
- mobilemoney, Inc.
- Website
- https://mobilemoney.net
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- mobilemoney, Inc. is a US-based fintech founded in 1996 that designs and sells ATMs, cash-to-card kiosks, payment gateways, and cashless venue technologies for entertainment, gaming, and retail operators across 40 countries.
- Ownership category
- akta.pro rank
MobileMoney industry classification
Industry- Product category
- Payment Processing Services
- akta.pro primary industry
- Custom Application Development (Web/Mobile/Desktop) (BPAEAFAA)
Keywords
Where MobileMoney is headquartered
LocationHeadquarters
- HQ city
- San Clemente
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
MobileMoney business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Operations
Revenue model
- Hardware Sales: Sale of ATM machines (Onyx at $2,520, Nova, Agile ATM), prepaid kiosks (MM150), ticket redemption terminals (CM300), VGT terminals (UK2, Gemini), and cash-to-card kiosks. Prices listed on e-commerce storefront with $500 shipping.
- Transaction Surcharges: ATM operators can earn 100% of the surcharge fee with no monthly fees or hidden costs. Surcharge model for cash withdrawals and transactions processed through deployed hardware.
- Mobile Money Transaction Fees: MTN Mobile Money generates revenue through transaction fees on money transfers, payments, and financial services. MTN reported $549.15 million in revenue from Ghana fintech operations in 2025, with group fintech transaction volumes of $500.3 billion.
- API/Developer Ecosystem: Growing API ecosystem from 5 APIs in 2018 to 30 by 2022, enabling developer integrations and third-party applications built on the Mobile Money platform, creating platform/network effects.
- Payment Gateway Services: PAYAUTH payment gateway facilitates transactions for merchants connecting to various payment processors. Revenue from gateway fees, API access, and processing partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Onyx ATM - Full-featured cost-effective ATM with illuminated sign |
| Unit Pricing | Pay-as-you-go | MM150 Prepaid Kiosk - Cash-to-card conversion kiosk |
| Other | Pay-as-you-go | ATM Placement Program |
| Transaction based/ take rate | Pay-as-you-go | Mobile Money Services (MTN Ghana) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
MobileMoney product offering
Product offeringCore offering
No detailed source content was provided to describe MobileMoney's core offerings.
Product overview
MobileMoney (mobilemoney.net) is a US-based fintech payment solutions provider operating since 1996, offering a comprehensive portfolio of hardware and software products organized around four core service categories: Card Services, Cash Solutions, Cashless Services, and Financial Services. The product ecosystem centers on the PAYAUTH Payment Gateway as the core software platform enabling payment processing across all transactions. Hardware offerings include a range of ATM and kiosk products (Onyx, Nova, Agile ATM, MM150 Prepaid, CM300, Gemini, UK2, and PAYBAX) serving retail, entertainment, and gaming verticals. Supporting services include Cash-to-Card Kiosks for reverse ATM functionality, Digital Wallets & RFID Wristbands for cashless payments, Ticketing Platform for events, Access Control Systems for venue management, and Casino Cage Services for gaming operations. The company maintains 99% uptime and provides 24/7 support across its deployed solutions operating in live environments across 6 continents and 40 countries.
Differentiator
Problem solved
Functional benefit
Brands
- mobilemoneyinc: Mobile application for managing prepaid debit cards, checking balances, and tracking transactions.
- PAYAUTH
- PAYBAX
- Cash Card
Quantifiable outcome
- 99.8% uptime for retail and gaming locations nationwide
- +2 more outcomes
Companies that use MobileMoney
Customer profileNamed customers4 records
Segments5 records
MobileMoney technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
MobileMoney partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- MastercardcoreMastercard is the payment network partner for MobileMoney's prepaid debit cards. Cards are branded as 'Mastercard' and accepted everywhere Mastercard is accepted globally. The partnership enables reloadable debit cards, digital wallets, and tap-and-pay functionality at entertainment venues and retail locations.
- Dosh Health InsurancecoreDosh Health Insurance partnered with MobileMoney LTD (MoMo from MTN) to launch digital health insurance accessible via MoMo App. Partnership enables Ghanaians to access private health insurance directly through mobile phone, eliminating paperwork and processing delays. Combined Dosh's insurance expertise with MobileMoney's digital reach to support universal health coverage goals.
- EricssoncoreEricsson provides the secure data processing infrastructure powering MobileMoney LTD (MoMo) in Ghana, ensuring data privacy, system integrity, and customer trust. This is described as one of the world's most secure data systems.
- Van LeeuwenminorVan Leeuwen ice cream partnered with MobileMoney as the exclusive provider of reverse ATMs for their scoop shops throughout the US. MobileMoney installs and operates cash-to-card kiosks at Van Leeuwen locations.
- Lusuku (Uganda SME)minorUgandan SME Lusuku integrated MoMo's API in April 2024 to resolve cash handling issues. This case study demonstrates how SMEs can leverage the API ecosystem for payment integration, showing improved payment accuracy, customer trust, and revenue growth.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
MobileMoney competitors and assessment
Company assessmentBroad incumbents
- Worldpay (FIS): Large incumbent payments and merchant acquiring platform. Listed as a MobileMoney partner/processor but operates as a broad incumbent whose gateway and processing services overlap with PAYAUTH.
- Square (Block): Broad payment processor and fintech with hardware (Square Reader, Terminal) and software (Square for Restaurants, Appointments) used by SMBs across retail, food, and events. Overlaps with MobileMoney's PAYAUTH and POS-adjacent capabilities but at vastly greater scale and breadth.
- Certegy (FIS): Provider of check cashing, money orders, and cash-acceptance services to retailers. Adjacent incumbent in cash-handling and retail payment services that overlaps with MobileMoney's cash-to-card and payment-gateway offerings.
Direct peers
- Cantaloupe (formerly USA Technologies): Provider of integrated payment solutions and SaaS for unattended retail, including vending, amusement, and self-service. Comparable business model combining payment software, hardware, and connectivity for unattended commerce.
- USIO (formerly Payment Data Systems): Payment processor specializing in ACH, card, and integrated billing for verticals including gaming and financial services. Comparable as a payment-processing platform with gaming vertical exposure.
- Genmega: ATM and kiosk hardware manufacturer whose products (Nova, Onyx, Agile, CM300, Gemini, UK2) are sold and deployed by MobileMoney. Direct comparable as a self-service hardware provider in retail, gaming, and entertainment channels.
- Payment Alliance International (PAI): One of the largest US ATM operators and providers of ATM placement, cash management, and payment processing services to retail, hospitality, and gaming customers. Direct competitor in ATM placement and surcharge revenue.
- PayRange: Provider of cashless unattended payment solutions for vending, amusement, and self-service retail. Comparable to MobileMoney's kiosk-based cashless and reverse-ATM offerings in entertainment and amusement verticals.
- Glownet: Cashless payment, RFID wristband, and access control provider for live events and festivals. Direct competitor in the entertainment and live-events cashless-services segment that MobileMoney targets with its digital wallet and RFID products.
- NRT (National Retail Technologies): Provider of cash handling, ATM, kiosk, and cash access technology to casinos, gaming operators, and retailers globally. Direct comparable in casino cage, ticket redemption, and self-service cash automation.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key highlights6 records
Customer concentration
MobileMoney social profiles
Digital presenceMobileMoney financial estimates
Financial estimateRevenue estimate
Valuation estimate
MobileMoney leadership team
Management profileNumber of profiles
MobileMoney funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MobileMoney M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MobileMoney
What does MobileMoney do?
No detailed source content was provided to describe MobileMoney's core offerings.
Is MobileMoney a public or private company?
MobileMoney is a private company. It is classified as unknown and is currently operating.
When was MobileMoney founded?
MobileMoney was founded in 1996. It employs 51 to 100 people.
Where is MobileMoney based?
MobileMoney is headquartered in San Clemente, United States, in the North America region.
How does MobileMoney make money?
Five revenue lines are on record. Hardware Sales are the primary driver. The others are transaction Surcharges, mobile Money Transaction Fees, API/Developer Ecosystem and payment Gateway Services.
Who are MobileMoney's main competitors?
Broad incumbents on record are Worldpay (FIS), Square (Block) and Certegy (FIS). Direct peers are Cantaloupe (formerly USA Technologies), USIO (formerly Payment Data Systems), Genmega, Payment Alliance International (PAI), PayRange, Glownet and NRT (National Retail Technologies).
Does MobileMoney have an API?
No public API is recorded for MobileMoney.
What industry is MobileMoney in?
MobileMoney's product category is Payment Processing Services. Its primary akta.pro industry code is BPAEAFAA, Custom Application Development (Web/Mobile/Desktop).