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.
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.
May 24, 2017
T-Mobile hopes its new "Get Out of the Red" deal will tempt Verizon customers to switch to T-Mobile. T-Mobile is offering to pay the remaining balance on Verizon subscribers' handsets and allow them to use those same handsets on T-Mobile's network.
Sep 8, 2017
Zelle today said its mobile peer-to-peer payment application will reach the Google Play Store and iTunes App Store on Tuesday, September 12. The service has been in testing since June.