Mi-Pay Group Plc is engaged in providing mobile payment solutions to network and telecom operators. It operates through following segments: Transaction Services Revenues, Fraud Services Revenues and Professional Services Revenues. The Transaction Services Revenues segment generates revenue from processing of payment transactions on behalf of clients. The Fraud Services Revenues segment generates revenue from the assessment of transactions as to the likelihood of being fraudulent and processes or rejects based on this assessment with the company taking a risk as to the potential fraud. The Professional Services Revenues segment comprises of revenues which are generated from development, delivery, and hosting of the platform, and client solutions of the company. The company was founded in 2003 and is headquartered in London, the United Kingdom.