At its most basic level, MetaWallet was created to be a means of completing transactions via a mobile phone. Users can add money to their MetaWallet balance by visiting retail stores or adding a credit card to their account turning their phone into a fixed balance debit card. The concept steadily grew to include to not only pay bills and everyday transactions but also share money between users. From there, MetaFund was born enabling charities, non-profits, and fund-raisers a simple, accessible, and easy to manages system for raising and collecting donations. Payments and donations are made from any mobile phone. Accounts are managed by the MetaWallet and MetaFund websites.

The originally concept wasn’t just a way to transfer money between clients but also included additional features such as organizing a personal media library and showing who, if anyone, was borrowing items. It recorded your transactions as well as who in your party contributed what amount and if they had an outstanding balance.