It looks like T-Mobile has larger plans than changing the way the mobile carriers work with its range of Uncarrrier plans, the company has now announced a new banking service called Mobile Money.
T-Mobile’s Mobile Money combines a money management application with a T-Mobile Via card, and it will let you deposit checks with zero cost, the service will be free to T-Mobile customers.
Mobile Money is the combination of a money management app, T-Mobile® Visa® Prepaid Card , and surcharge free nationwide ATM network that brings many of the features of a checking account right to your smartphone. So you can manage your card account virtually anywhere.
Want to deposit your checks? Just take a picture with your smartphone. You also can pay bills, shop online, and set up Direct Deposit.
Need cash? Withdrawals are free at over 42,000 in-network ATMs nationwide.
The Mobile Money service is aimed at people who don’t have checking accounts, and they will be able to desposit checks, pay bills and withdraw cash from ATM’s.
You can find out more details about the new T-Mobile Mobile Money service over at their website at the link below.