Payments News » Mobile Networks (MNO)

T-Mobile launches mobile banking solution T-Mobile Money, available now on Android and iOS

November 29 2018

“The service, which is currently in an early pilot program, works just like a traditional bank, because it is backed by BankMobile, a division of Customers Bank. This allows the otherwise online-only bank to have an ATM presence via Allpoint ATMs. T-Mobile Money also prides itself on its lack of fees, including account fees, overdraft […]

Providers

T-Mobile Just Launched Its Own Checking Account Service

April 18 2019

in
Mobile Networks (MNO)

“To be clear: T-Mobile isn’t running its own bank. Rather, it’s a T-Mobile-operated face for a digital bank called BankMobile, which is a part of Customers Bank. It’s sort of like an MNVO, but instead of, say, a startup using existing cell service from a larger carrier to offer its own service, its’ T-Mobile using […]

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T-Mobile Enters the Merchant Services Fray With a Branded Reader And TSYS Processing

March 26 2019

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Mobile Networks (MNO)

“T-Mobile explicitly says it is targeting Square Inc. and Clover , a point-of-sale service from First Data Corp. Of the three, GoPoint’s per-transaction fee of 2.75% is the highest, but it charges nothing extra for same-day funding, while Square has a 1% fee for that and Clover does not offer the feature. Square’s software-licensing fees […]

Providers

Introducing GoPoint: T-Mobile Expands Into Mobile Payments to Solve More Business Pain Points

March 26 2019

in
Mobile Networks (MNO)

“Small businesses shouldn’t have to pay to get paid. T-Mobile (NASDAQ: TMUS) today announced the Un-carrier is solving more pain points for businesses, this time freeing them from the extra fees other mPOS providers charge. T-Mobile is putting Square and Clover on notice With GoPoint by T-Mobile for Business, a new mobile Point of Sale […]

Providers

T-Mobile MONEY Introduces No-Fee, Interest-Earning, Mobile-First Checking Account

April 18 2019

in
Mobile Networks (MNO)

“It’s a no-fee, interest-earning, mobile-first checking account that anyone can open and manage right from their smartphone. With T-Mobile MONEY, eligible Un-carrier customers can earn an industry-leading 4.00% Annual Percentage Yield (APY)* on balances up to $3,000 – 50 times higher than the average U.S. checking account1 – and 1.00 APY% on every dollar over that! […]