mPayy has extended its debit-payment utility, mPayy Mobile Payments, to the iPhone and iPod touch. The app lets users with a mPayy personal or business account perform actions ranging from sending and receiving payments through to withdrawing funds. A tracking function provides information on amounts of money transferred, the dates on which transactions took place, and whether or not a refund can be sought.

The refund option is available for small business account holders, and allows them to refund any sale made either through the application or a website. mPayy Mobile Payments is currently available as a free download from the App Store. Users must be running iPhone OS 3.0 or later.