The very first design of mobiMicro was actually an open mobile API that would allow anyone with a mobile device to donate $1.00 to a charity of their choice. We learned very quickly, a simple “2.9% + $0.30 transaction fee” equals 32.9% for each dollar going to someone in need! This was a problem both economically and ethically so we set out to create our own solution.
We see an industry that is long overdue for disruption. Fail or succeed – it’s necessary.