The new service, dubbed as Mobile Money, does not impose any fees for activation, monthly maintenance, cash withdrawals using in-network ATMs, overdraft, and for replacement of lost or stolen cards.
The company's Mobile Money service allows customers utilize a smartphone app and rechargeable T-Mobile Visa Prepaid Card, which delivers zero cost or low-fee services for the registered wireless subscribers of T-Mobile.
Using Mobile Money, customers can access services comprising direct depositing paychecks, depositing checks from capable smartphone cameras, performing retail purchases, making bill payments and withdrawing cash from over 42,000 in-network ATMs across the country devoid of any ATM fees, according to a T-Mobile spokesperson of T-Mobile. But, clients using ATMs outside the network to withdraw money will have to pay fees.
We ve already transformed how Americans use and pay for phones, tablets and wireless service; why stop there? asked wireless carrier s President and CEO
He added, Millions of Americans pay outrageous fees to check cashers, payday lenders and other predatory businesses just for the right to use their own money. Mobile Money shifts the balance of power for T-Mobile customers and keeps more money in their pockets.
One can get their custom-made T-Mobile Visa Prepaid Card via registering at https://t-mobilemoneyservices.com/. Customers can also get the same from the participating T-Mobile retail stores.
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