Cibola

Whatsapp for payment

Saturday, October 18, 2014

We're a mobile designed focussed company, so the Cibola user experience on mobile is great, and you can do everything you need to do with only a few taps. Another advantage of Cibola is that you can use it with anyone — there's no special hardware necessary, we work with all bank accounts, and you can send money to any email address or phone number, whether or not the other person has Cibola yet. So, even if your friend has never even heard of Cibola, you can send money instantly to their phone, and we'll notify them via text message with a link to install the app. Then they can connect their bank account, request a withdrawal and see the money in their bank account tomorrow. That's pretty cool. One of my favorite features of Cibola is one that is more frequently used by people who have been on our service for a longer time: trust. On Cibola, you can request money from anyone, and we'll send a notification to their mobile asking them to confirm the payment. They tap one time, and we move the money. This is pretty easy, but we went a step further by allowing users to establish a trusted relationship with their closest friends: When two users enter into a trusted relationship on Cibola, it's almost like entering into a joint bank account, and when they request money from each other, we move the money instantly and automatically, without requiring a confirmation, and we just send mobile notifications to each user as the payment happens. It's incredibly convenient, kind of like opening a tab or having a house account with someone else.