T-Mobile Intros Mobile Money Service
T-Mobile today announced Mobile Money, a new program that is meant to help consumers avoid costly fees often associated with banking. The program encompasses a re-loadable T-Mobile Visa prepaid debit card that drops the cost of accessing and using money. T-Mobile customers won't pay to activate the card, won't pay monthly maintenance fees, won't pay withdrawal fees at 42,000 in-network ATMs, and won't pay to replace lost or stolen cards. Mobile Money doesn't have a required minimum balance, doesn't charge overdraft fees, and can be used with direct depositing and phone-based check-cashing services. The card can be used to make purchases anywhere Visa is accepted. T-Mobile's Mobile Money card and service will be available in T-Mobile and Safeway stores beginning next month.
Google Unfolds A Brand New Wallet App for Android
Google today released a fully redesigned Google Wallet application for Android devices. Google Wallet is not an app for making mobile payments at retail.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Google Wallet Users Can Send Money Via Text Message
Google Wallet now lets people send money to others using only a phone number. The app has supported the ability to send money via email for a long time.
Samsung Pay Launches In the US
Samsung today made its mobile payment service, Samsung Pay, available to U.S. consumers.