What is Siru Mobile and where can it be used?

Siru Mobile is a provider of mobile payment services that was founded in 2011 by Timo Hakanpää. The company is headquartered in Helsinki, Finland and has a few offices abroad. With the help of this provider, users can pay for services and products with their smartphones. The costs are simply added to the phone bill at the end of the month.

Siru was founded by enthusiasts who saw a significant shift towards a mobile lifestyle and decided to fill this gap with a convenient payment alternative. At the moment, Siru Mobile caters to users who have a valid British, Swedish or Finnish phone number.

Everything to know about the company

To make a payment, users don’t need a bank card or even a Siru account. They should just choose Siru in the list of available payment options at the chosen website and follow the instructions. The service may only request phone number confirmation by inserting a code sent as a text message. Those who are conspiracy theorists, rejoice! With Siru there’s no need to share personal or financial details with the merchant. The sum spent is added to the phone bill at the end of the month.

Recently, the company has launched the Siru wallet. To use it, log into the system with a phone number and add money using a bank card or mobile bill. The wallet is free and runs smoothly on all sorts of devices: from computers to smartphones and tablets. Keep in mind that for now, the Siru Wallet works only in the Nordics but they are expanding the geography. They are also planning to launch a Siru Shop which is already available in a test mode.

To ensure the safety of transactions, Siru uses the Secure Sockets Layer (SSL) technology. It encrypts data and makes sure that your phone number is never shared or leaked. Plus, the company follows all transactions and limits their usage in cases of suspicious activity. And the most important argument in favour of Siru’s security is that the only data you provide is the phone number: no names or card details.

Where it can be used

Siru Mobile is a growing payment provider which conquers more and more markets across the world. That is why it is not uncommon to find it at online shops and other places that accept mobile payments.

At the moment, Siru can be used by mobile phone owners from the UK, Sweden and Finland, but the purchases can be made on international websites. The only requirement is the local phone number.

Advantages and disadvantages

Like any payment method, Siru Mobile has a list of pros and cons which may significantly influence decisions of whether to use it or not. Here are the most important aspects to consider before deciding.

Pros:

• All that’s needed is a mobile phone. No laptops and complex registrations. The transactions are simple and fast
• Spend now and pay later. Even those don’t have the money right now can make a purchase and pay for it at the end of the billing month
• It’s possible to block Siru Mobile on certain websites to avoid compulsive and rash purchases
• A convenient Siru Wallet

Cons:

• For now, available only in three countries: the UK, Sweden and Finland
• Monthly limits (£500 for the UK, 4,500 kronor for Sweden and €150 for Finland)
• Not available for withdrawals, so gamblers will still need an alternative account for payouts

Conclusion

Siru is a fast and secure payment method and is highly recommended to those who want to pay directly from their phones. One of its distinguishing features is that it doesn’t require a bank account and it’s possible to pay for the services with a slight delay. At the same time, Siru has a few downsides to consider. For example, monthly caps and rather limited geography. If these disadvantages don’t scare users away, Siru can be a great choice for convenient and quick transactions.

The editorial unit