T-Mobile? More Like T-Money. The Un-Carrier Launches Mobile Banking Service
T-Mobile has rolled out a digital banking service called T-Mobile Money. T-Mobile says T-Mobile Money is available to T-Mobile customers as well as non-customers. The service focuses on providing easy access to funds and banking services through a mobile device. T-Mobile Money can be managed from the Android and iOS platforms via dedicated mobile apps. T-Mobile says the service doesn't charge maintenance, ATM, overdraft, or minimum balance fees, and delivers guaranteed interest. All customers can earn at least 1.00% interest on an annual basis, and T-Mobile subscribers are eligible to earn up to 4.00%. T-Mobile Money is FDIC insured and provides protection against unauthorized purchases. It is compatible with Apple Pay, Google Pay, and Samsung Pay for mobile transactions. Customers can receive a MasterCard-backed T-Mobile Money debit card if they wish. Other features include online bill pay, mobile check deposit, and easy setup for direct deposit. People can register via the T-Mobile Money app, which is available in the Google Play Store and iTunes App Store. Customers can also sign up online.
Aug 2, 2017
Microsoft today said the latest version of Skype for Android and iOS devices makes it possible to send funds to other Skype users via PayPal. Users will be able to send money through PayPal without leaving the Skype app.
Dec 6, 2017
Qualcomm today announced the Snapdragon 845 mobile platform, its flagship system-on-a-chip for 2018. Qualcomm expects the module to form the core of next year's top smartphones, which it will endow with multimedia smarts for both audio and video.
Oct 20, 2017
Facebook Messenger and PayPal today made it possible for people to use their PayPal account as a source of funds when paying friends and family. Facebook Messenger has supported P2P payments for some time now, but previously required people to rely on their debit card for funds.
Sep 18, 2017
Apple today reiterated that iOS 11 will reach iPhones, iPads, and iPods Touch beginning September 19. Not all the new features will be available at launch, however, with Apple Pay on deck for later this year.
Jun 12, 2017
Many of today's popular mobile banking apps will soon support a rapid person-to-person (P2P) payment feature through a new service called Zelle. Zelle, developed by Early Warning Systems, is supported by more than 30 of the nation's largest banks for sending funds from one person to another.