Xipwire, a mobile payment services firm, has launched its mobile payment service. The service enables people to send and receive money using a simple text message.

Through its platform, people can now send money to family and friends, as well as pay for goods and services by using a mobile phone. Xipwire was designed and developed to be simple, safe and secure for both individuals and merchants.

Xipwire’s technology uses a multi-layered approach to guard against unauthorized access and potential fraudulent activity. Xipwire claimed that industrial strength encryption, PIN-based authentication, instant phone lock and anonymous ID are some of the features that makes a safe environment in which both individuals and merchants can confidently conduct transactions.