Mobilityone Ltd.
MobilityOne is a Malaysian fintech operating a regulated payment ecosystem spanning the M1Pay online gateway, merchant payment terminals, the MiPAY e-wallet, and OneTransfer remittance services for banks, telcos, government entities, and white-label partners across Malaysia, Bangladesh, and select ASEAN/Middle East markets.
- Company typePublic
- Founded2007
- HeadquartersKuala Lumpur, Malaysia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Mobilityone Ltd. does
MobilityOne Limited is a Jersey-incorporated holding company admitted to AIM of the London Stock Exchange since 5 July 2007 (ticker MBO.UK), operating primarily through its Malaysian subsidiary MobilityOne Sdn Bhd (registered 2002). The company has built a 20-year-old fintech payment ecosystem in Malaysia, anchored by four core products: M1Pay (an online and mobile payment gateway supporting FPX, credit/debit cards, and eWallets such as Boost, Touch 'n Go, GrabPay, ShopeePay, Alipay, WeChat Pay, and UnionPay), a Payment Terminal Solution deployed across merchants, MiPAY (a BNM- and Mastercard-approved e-Money platform with card-based and mobile-app QR capabilities), and OneTransfer Remittance (a Class B MSB-licensed international money transfer operator with six physical branches). The platform is supplemented by Value Added Services (bill pay, prepaid reloads, utilities), an Agent Banking System (deployed for Agrobank), and a custom e-ticketing system built for the Labuan international ferry terminal.
The company operates a B2B enterprise model targeting financial institutions (10+ Malaysian banks including Maybank, RHB, Public Bank, AmBank, Bank Islam, Bank Muamalat, MBSB, Bank Rakyat, BSN), telecommunications operators (CelcomDigi, U Mobile, Maxis, Yes, Onexox, RedOne), government and municipal entities, and corporate merchants. Revenue mechanics combine transaction-based fees across the gateway and terminal network, e-Money issuance and management (including seven white-label partner brands such as OneCall, OneCENT Plus, PocketPay, MAINS PAY, Clicks@Perak, XPAT, and S4S), remittance spreads, and licensing/custom enterprise builds. Distribution is hybrid: direct enterprise sales, white-label and OEM partnerships, physical remittance branches, agent banking for Agrobank, and self-serve gateway and e-wallet apps for merchants and consumers. The regulatory stack is unusually deep, encompassing e-Money Operator, MSB Remittance, Approved Merchant Acquirer, Third Party Acquirer, Mastercard principal prepaid issuer, KPKT Money Lender, and Shariah Compliance Certification licenses, plus a conditional Islamic digital banking approval received on 31 December 2025.
Beyond Malaysia, MobilityOne has expanded or signaled intent into Bangladesh (MobilityOne Tap Pay 55% acquired 2017; BKASH collaboration announced January 2026), Cambodia and Indonesia (entered 2008), Saudi Arabia (JV formed 2023), and Australia (JV 2021). CEO Dato' Hussian @ Rizal bin A. Rahman holds a controlling 50.30% stake through direct shareholding, providing concentrated voting control of this small-cap AIM-listed group.
Mobilityone Ltd. firmographics
Firmographics- Name
- Mobilityone Ltd.
- Legal name
- MobilityOne Limited
- Website
- https://mobilityone.com.my
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MobilityOne is a Malaysian fintech operating a regulated payment ecosystem spanning the M1Pay online gateway, merchant payment terminals, the MiPAY e-wallet, and OneTransfer remittance services for banks, telcos, government entities, and white-label partners across Malaysia, Bangladesh, and select ASEAN/Middle East markets.
- Ownership category
- akta.pro rank
Mobilityone Ltd. industry classification
Industry- Product category
- Payment Processing Solutions
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ)
- akta.pro secondary industries
- POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), Cross-Border & FX Payments Platforms (BPAMAFAK)
Keywords
Where Mobilityone Ltd. is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices4 records
Markets served
Mobilityone Ltd. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Payment Processing / Transaction Fees: MobilityOne earns transaction fees from processing payments across its terminal network, payment gateway, and e-wallet platforms. The company facilitates payments across the entire payment value chain from corporate to retail to end users.
- e-Money Issuance and Management: Revenue generated from e-Money issuance as a licensed e-Money Operator by Bank Negara Malaysia, with card-based and mobile wallet offerings including white-label programs for partners.
- International Remittance Services: OneTransfer Remittance operates as a licensed Money Transfer Operator under Bank Negara Malaysia regulation, generating revenue from cross-border money transfer services via physical branches and digital e-wallet platform.
- Enterprise / Custom Payment Solutions: Custom-built enterprise payment solutions for banks, fintech companies, and retail organizations, including agent banking systems, ticketing systems, and white-label e-Money platforms for partners.
- Value Added Services (VAS): Revenue from prepaid reloads, postpaid bill payments, utility payments, charity donations, entertainment purchases, and international prepaid services facilitated through the payment terminal network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Reload & Pay Bill service for end consumers and agents |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels3 records
Mobilityone Ltd. product offering
Product offeringCore offering
MobilityOne provides custom-built enterprise payment solutions and a fintech ecosystem that aggregates and facilitates payments across the entire value chain — from corporate to retail to end users. Its core offerings include M1Pay Payment Gateway (online/mobile payments via FPX, cards, and e-wallets), Payment Terminal Solution (universal card and eWallet acceptance for merchants), MiPAY e-Money/e-Wallet (Bank Negara Malaysia and Mastercard-approved), and OneTransfer international remittance (Class B MSB licensed). The company also offers white-label e-Money platforms to partners, agent banking infrastructure, and value-added services for bill payments and reloads.
Product overview
MobilityOne operates a unified fintech payment ecosystem comprising four core products: M1Pay Payment Gateway for online transactions, Payment Terminal Solution for physical merchant acceptance, MiPAY e-Wallet for mobile/digital payments, and OneTransfer Remittance for international money transfers. These are complemented by Value Added Services (VAS) for bill payments and reloads, Agent Banking System for financial inclusion, and Ticketing System for ferry services. The company offers its e-Money platform as a whitelabel solution to partners including OneCENT Plus, MAINS PAY, S4S, and Clicks@Perak, enabling them to deploy branded digital wallet services under their own names.
Differentiator
Problem solved
Functional benefit
Brands
- MiPAY: E-wallet application for digital payments, approved by Ministry of Human Resources to pay employee salaries via e-wallet effective 1 August 2024.
- M1Pay
- OneTransfer
Products and services
- M1Pay Payment Gateway Online and mobile payment gateway enabling businesses to accept payments via FPX online banking, credit/debit cards, and various eWallets including Alipay, WeChat Pay, and DuitNow QR for businesses integrating electronic payment acceptance.
- Payment Terminal Solution State-of-the-art payment terminal solution supporting universal card and eWallet acceptance for retail, restaurant, and service-based businesses, including Visa, Mastercard, DuitNow QR, Boost, Touch 'n Go, GrabPay, and ShopeePay.
- MiPAY e-Money / e-Wallet Fully approved e-Money platform by Mastercard and Bank Negara Malaysia, featuring both card-based (contactless) and mobile app (QR code) capabilities. Supports DuitNow QR scanning at participating merchants and approved by the Ministry of Human Resources to pay employee salaries via e-wallet.
- OneTransfer Remittance Licensed international money transfer service operated by OneTransfer Remittance Sdn Bhd, a wholly-owned subsidiary. Offers Class B MSB services via 6 physical branch locations and a digital e-Wallet platform for cross-border remittance to multiple countries.
- OneCENT Plus (White-label e-Wallet) Whitelabel e-Wallet brand operated by OneCENT Sdn. Bhd., featuring enhanced mobile app experience with improved user interface and new features distributed under partner brand.
- MAINS PAY (White-label e-Wallet) Whitelabel e-Wallet initiative by Majlis Agama Islam Negeri Sembilan (MAINS) on MobilityOne's MiPAY platform enabling users to make payments and receive funds conveniently.
- S4S (White-label e-Wallet) Whitelabel eWallet for Sabah state offering seamless and secure QR-based transactions for payments and purchases at registered merchants.
- Clicks@Perak (White-label Digital Payment System) Digital payment system whitelabel operated by Digital Perak Corporation Holdings, supporting the initiative to build a cashless society in Perak by 2030.
- Agent Banking System Platform extending banking services to remote and underserved areas through authorized agents. Services include cash withdrawals, fund transfers, cash deposits, bill payments, mobile top-ups, financing payments, and mini statements. MobilityOne is the Agent Banking provider for Agrobank.
- E-Ticketing System E-ticketing system developed in collaboration with LDA Labuan Holding Sdn Bhd for Terminal Feri Antarabangsa Labuan, providing integrated payment and technology solutions for ferry services.
Quantifiable outcome
- 1,104,000 successful transactions processed per year through payment gateway
- +3 more outcomes
Companies that use Mobilityone Ltd.
Customer profileNamed customers25 records
Segments5 records
Ideal customer profiles5 records
Mobilityone Ltd. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
Feature6 records
Mobilityone Ltd. partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered minor and core.
- BKASHminorMobile Money transfer collaboration with BKASH announced in January 2026, enabling cross-border mobile money transfers between Malaysia and Bangladesh.
- MoneyGram Payment Systems, Inc.minorMoney Transfer Agreement with MoneyGram Payment Systems, Inc. enabling international money transfer services through the MoneyGram network.
- Mastercard Asia/Pacific LtdcoreMastercard principal prepaid issuer licensing arrangement. MobilityOne operates as a Mastercard principal prepaid issuer, enabling issuance of prepaid cards under the Mastercard network.
- Bank Negara Malaysia (BNM)coreRegulatory licensing as e-Money Operator, Money Services Business (Remittance) licensee, and Approved Merchant Acquirer. MobilityOne's licenses and approvals can be verified on the BNM website.
- PayNet (Malaysian Payments Network)coreLicensed by PayNet as Third Party Acquirer (TPA) to accept payments via debit card. Enables MobilityOne to process debit card transactions through the MyDebit network.
- Salihin Shariah AdvisorycoreShariah Compliance Certification provider for Islamic Financing, ensuring MobilityOne's Islamic banking and financing-related products comply with Shariah principles.
- MBP Solutions Sdn BhdcoreWhite-label partner for MiPAY eMoney solution under the brand OneCall. MBP Solutions distributes MobilityOne's e-Money platform under its own brand, going to market quickly with a proven, secure platform.
- OneCENT Sdn BhdcoreWhite-label partner for MiPAY eMoney solution under the brand OneCENT Plus. MobilityOne enables OneCENT to offer a fresh mobile app experience with improved user interface and new features under its own brand.
- Pocket Pay Sdn BhdcoreWhite-label partner for MiPAY eMoney solution under the brand PocketPay. PocketPay is distributed by MobilityOne's partner under its own brand identity.
- Majlis Agama Islam Negeri Sembilan (MAINS)coreWhite-label partner for MiPAY eMoney solution under the brand MAINS PAY. MAINS PAY is an initiative by MAINS offering convenience for users to make payments and receive funds.
- Digital Perak Corporation HoldingscoreWhite-label partner for MiPAY eMoney solution under the brand Clicks@Perak. Digital payment system helping build a cashless society in Perak by 2030.
- EOSC Sdn BhdcoreWhite-label partner for MiPAY eMoney solution under the brand XPAT. EOSC distributes the e-Money platform for expatriate-focused financial services.
- Saba Ezypay Sdn BhdcoreWhite-label partner for MiPAY eMoney solution under the brand S4S. S4S is an eWallet for Sabah state offering a seamless and secure way to manage transactions via QR code.
- Agrobank (Agrobank Agent Banking)coreMobilityOne is the Agent Banking provider for Agrobank, supplying terminals and related infrastructure to Agrobank's appointed agents. Services include cash withdrawals, fund transfers, cash deposits, bill payments, mobile top-ups, financing payments, and mini statements.
- LDA Labuan Holding Sdn BhdminorCollaboration with LDA Labuan Holding Sdn Bhd to provide a comprehensive e-ticketing system for Terminal Feri Antarabangsa Labuan, showcasing integrated payment and technology solution capabilities.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Mobilityone Ltd. competitors and assessment
Company assessmentBroad incumbents
- MoneyGram International: Global money transfer operator. MobilityOne has an active Money Transfer Agreement with MoneyGram, making it both partner and direct competitor in cross-border remittance corridors.
- Touch 'n Go eWallet: Malaysia's leading consumer e-wallet from the Touch 'n Go group with massive direct consumer scale. Comparable as a competing e-money product targeting the same DuitNow QR merchant ecosystem that MobilityOne's MiPAY serves.
- Boost eWallet: Axiata-owned Malaysian e-wallet integrated into merchant terminals across the country. Directly competes with MobilityOne's MiPAY in the B2B wallet distribution space and operates at much larger scale.
Regional players
- Billplz: Malaysian payment gateway and bill-payment platform. Closely comparable to MobilityOne's M1Pay for FPX-based online acceptance and bill-payment value-added services.
Direct peers
- Tranglo: Cross-border remittance and payment hub serving banks and fintechs across Asia. Directly comparable to MobilityOne's OneTransfer remittance business and listed as a customer/partner in the same value chain.
- GHL Systems Berhad: Malaysia's largest payment terminal and merchant acquiring provider, offering POS, payment gateway and e-wallet acceptance services. Directly comparable to MobilityOne's terminal and gateway business and competes for the same bank, telco and merchant customers across Southeast Asia.
- Soft Space (now part of GHL Group): Malaysia-based SoftPOS and payment infrastructure provider serving banks and fintechs. Highly comparable to MobilityOne's terminal and SoftPOS acceptance capabilities and shares the same Malaysian bank customer base.
- Razer Fintech: Southeast Asian fintech platform offering payment acceptance, merchant services and cross-border remittance (Razer Merchant Services). Comparable end-to-end fintech stack similar to MobilityOne's M1Pay, terminals and remittance.
- iPay88 (Coda Payments): Southeast Asian online payment gateway supporting FPX, cards and major e-wallets. Closely comparable to MobilityOne's M1Pay gateway and shares the same Malaysia-anchored, multi-rail acceptance model.
Others
- FPX (Payments Network Malaysia / PayNet): Operator of Malaysia's national online banking and DuitNow payment rails. MobilityOne integrates with FPX as a built-in rail and is licensed by PayNet as a Third Party Acquirer, making PayNet both infrastructure provider and indirect competitive enabler.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mobilityone Ltd. social profiles
Digital presenceMobilityone Ltd. compliance and trust
Trust signalCompliance8 records
Mobilityone Ltd. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mobilityone Ltd. leadership team
Management profileNumber of profiles
Profiles5 records
Mobilityone Ltd. subsidiaries and ownership
Company hierarchySubsidiaries14 records
Mobilityone Ltd. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mobilityone Ltd. 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 Mobilityone Ltd.
What does Mobilityone Ltd. do?
MobilityOne provides custom-built enterprise payment solutions and a fintech ecosystem that aggregates and facilitates payments across the entire value chain — from corporate to retail to end users. Its core offerings include M1Pay Payment Gateway (online/mobile payments via FPX, cards, and e-wallets), Payment Terminal Solution (universal card and eWallet acceptance for merchants), MiPAY e-Money/e-Wallet (Bank Negara Malaysia and Mastercard-approved), and OneTransfer international remittance (Class B MSB licensed). The company also offers white-label e-Money platforms to partners, agent banking infrastructure, and value-added services for bill payments and reloads.
Is Mobilityone Ltd. a public or private company?
Mobilityone Ltd. is a public company. It is classified as public and is currently operating.
When was Mobilityone Ltd. founded?
Mobilityone Ltd. was founded in 2007. It employs 101 to 250 people.
Where is Mobilityone Ltd. based?
Mobilityone Ltd. is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does Mobilityone Ltd. make money?
Five revenue lines are on record. Payment Processing / Transaction Fees are the primary driver. The others are e-Money Issuance and Management, international Remittance Services, enterprise / Custom Payment Solutions and value Added Services (VAS).
Who are Mobilityone Ltd.'s main competitors?
Broad incumbents on record are MoneyGram International, Touch 'n Go eWallet and Boost eWallet. Billplz is listed as a regional player. Direct peers are Tranglo, GHL Systems Berhad, Soft Space (now part of GHL Group), Razer Fintech and iPay88 (Coda Payments). FPX (Payments Network Malaysia / PayNet) is listed as an others.
Does Mobilityone Ltd. have an API?
No public API is recorded for Mobilityone Ltd..
What industry is Mobilityone Ltd. in?
Mobilityone Ltd.'s product category is Payment Processing Solutions. Its primary akta.pro industry code is FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails), with a secondary code of FSAGABAO, POS, SoftPOS & In-Person Acceptance Infrastructure. Its NAICS code is 522320.