*(Via LA Times) – T-Mobile on Wednesday continued to push the boundaries of what defines a mobile carrier by announcing Mobile Money, a new personal finance service that lets customers store and manage their money with the Seattle-based company.
Customers who sign up for Mobile Money are essentially getting a traditional checking account.
Customers can have money deposited directly to their Mobile Money account or deposit checks by taking a picture with their smartphone.
Mobile Money customers also get a Visa debit card that they can use to make purchases, pay bills or withdraw cash from a network of 42,000 ATMs scattered throughout the nation. The ATMs can be found using a mobile app that can also be used to manage customers’ money.
One of the advantages of Mobile Money is that the service does not have many of the fees that come with traditional checking accounts, the company said.
Get MORE of this story at LA Times.
Want to read more articles like this one? Subscribe to EURnewsletter.
Got A News Tip or Video You Want to Share? Contact us HERE.
- Aisha Tyler: African-American Teens Must 'Be Brave' About College
- Poet Pens Stunning Piece About Appropriating Black Slang (WATCH)
- Oprah's Not Worried About Flack From Church Folk
- Prince Entered Treatment Program for Hip Pain & Medication Use
- Kehoe Brothers to Direct R-rated Action-comedy for Tyler Perry
- WATCH President Obama Crack on Trump, Bernie and More at WHCD
- Ray and Janay Rice Announce they Are Expecting Baby Number 2
- Fox Gives First Look at Fierce Films for 2016
- Derrick Rose Rape Accuser Pleads Not to Have Identity Revealed
- A Poisonous Spider Down Under Bites a Man...Down Under!
- Discover More Stories on EURweb: Click Here