Mobie Vs. PayPal: The Quest To Revolutionize the Payment Processing Industry

According to reports by Allied Market Research, global payment processing was valued at $39.57 billion in 2020. According to them, the market is expected to grow to $146.45 billion by 2030. The market will grow at a Compound Annual Growth Rate (CAGR) of 13.7% from 2021 to 2030. With such a huge market, we can all see why more companies are joining the global payment processing industry.

In this article, we are comparing two top payment processing companies and how they benefit users and merchants in the industry. PayPal has been in the industry for quite a long time, but Mobie has come with innovative approaches to disrupt and revolutionize the entire industry.

Overview of the Mobie Platform

Mobie is the next-generation, revolutionary payment processing platform that enables users and merchants alike to shop, transact, save, and earn using the currency of their choice. The platform is currently in private beta and launching to their whitelist in early next month. Mobie’s merchant program puts the power back with the users and merchants, eliminating the traditional bottlenecks and pains of using payment processing companies like PayPal.

The Mobie app is designed to track the checkout process and support cashback programs on purchases using its native token known as MobieCoin (MBX). This token connects all digital currencies directly to the global retail market.

The PayPal Company

PayPal is a global, third-party payment processing company founded in 2000. The company specializes in online money transfers between transacting parties. Currently, there are more than 200 million active PayPal accounts all across the world. With a single account, users can shop and make payments via PayPal. When you link your bank account, credit card, or debit card to your PayPal account, you can buy products online with participating stores.

Mobie Vs. Paypal

Features Mobie PayPal
Transaction Speed As a blockchain-powered, decentralized payment processor, Mobie executes transactions almost instantaneously. Also, merchants enjoy fast and convenient payment.


With Paypal, transactions may take up to 2 business days before they can be executed. This has greatly truncated the business activities of merchants who rely on PayPal for day-to-day transactions.
Customer Support Accessibility The Mobie ecosystem is designed to ensure that merchants and users have unrestricted access to customer support at any point they need help or complaint about the platform.


It is always almost impossible for users to get hold of someone with the power to solve problems in PayPal support. This has made it very difficult for merchants and users to transact on the PayPal platform efficiently.
Security The blockchain-based security of the Mobie platform makes users and merchants more secure.


It is also well secured to ensure users are protected from scams and fraud. However, scammers have perfected some of their activities to enable them to gain access to users’ accounts through phishing.
Chargeback With Mobie, merchants are able to get funds in their local currency without any chargeback. Users are also encouraged to get cashback bonuses on their daily purchases from top global brands and retailers.


There is a high risk of chargeback, especially as PayPal has a policy that allows consumers to decide they don’t want the products or services after they have received them.
Transaction fees The transaction fees on the Mobie ecosystem are very affordable. With MobiePay, cross-border transactions have become more inexpensive and convenient for merchants.   Recently, PayPal announced a 20% increase in their transaction fees. The rate was initially 2.9%, with a 30 cent flat fee. However, the platform raised the fee to 3.49% with 49 cent flat fees.


PayPal has been in this industry for more than two decades and has also made a name for itself. However, with the numerous benefits that Mobie offers to both merchants and consumers, the platform has shown it has what it takes to disrupt the global payments industry. 

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