# Oobit

> Pay with crypto. Pay everywhere.

Oobit provides a mobile wallet and payment gateway that lets users pay anywhere Visa or Mastercard are accepted using crypto converted to fiat at the point of sale.

Oobit develops a crypto payment platform focused on everyday spending. Through its mobile app, users can connect external wallets or hold crypto within Oobit, then tap to pay at any merchant that supports Visa or Mastercard. The service performs real-time crypto-to-fiat settlement and offers peer-to-peer transfers and cashback rewards.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2019-01-01
- Profile: https://thegrid.id/profiles/oobit

## Products

- [Oobit App](https://thegrid.id/profiles/oobit): Oobit is a mobile crypto wallet and NFC tap-to-pay solution that converts crypto to fiat at checkout and supports peer transfers and rewards. (Wallet, Live, Main Product)

## Assets

- [OBT (OBT)](https://thegrid.id/profiles/oobit): OBT is the utility token of Oobit's crypto payment platform. It is used to reduce transaction fees, earn cashback rewards, and stake for additional benefits within the ecosystem. Tokens are systematically burned based on transaction volumes within the Oobit ecosystem, reducing the overall supply over time to support token value while encouraging engagement with Oobit's services. (Utility)

## Links

- [Main](https://oobit.com)
- [Blog](https://newsroom.oobit.com)
- [Documentation](https://support.oobit.com/hc/en-us)
- [Terms of Service](https://www.oobit.com/legal/terms-of-use)
- [Privacy policy](https://www.oobit.com/legal/privacy-notice)
- [Media Kit/branding](https://drive.google.com/drive/folders/1Os4wC8RAhuzLswSFZM6yWgyx_4dJQ5s5)
- [Twitter / X](https://x.com/oobit)
- [YouTube](https://www.youtube.com/@oobit)
- [LinkedIn](https://www.linkedin.com/company/oobit)
- [TikTok](https://www.tiktok.com/@oobitapp)
- [Telegram](https://t.me/OObit)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP