22 August 2017
visit www.avoka.com

MasterCard launches MoneySend BlackBerry app

08 September 2010  |  2645 views  |  0 Source: MasterCard

MasterCard Worldwide today announced the availability of the MasterCard MoneySend service for BlackBerry Smartphones, a convenient way to transfer money in the United States from person-to-person easily and securely by combining the power of a mobile device with a banking relationship.

MasterCard MoneySend is available for free download on BlackBerry App World.

"MasterCard MoneySend allows users to 'Send,' 'Pay' or 'Request Funds' for a wide range of reasons including the everyday 'IOU,' informal services purchased from friends and family, or payments to a personal trainer, roommate, babysitter, gardener, housekeeper or repairman," said Andrew Ong, Group Head, P2P, MasterCard Worldwide. "We are excited to extend MasterCard MoneySend to the BlackBerry Smartphone platform so that we can continue to provide consumers with innovative ways to make their lives easier."

How it Works

MasterCard MoneySend allows users in the U.S. to send or request money via their BlackBerry through participating banks and credit unions or when they create a virtual prepaid account through Bancorp Bank. Users can then link their existing debit or credit cards or bank checking account to the new virtual prepaid account and begin sending money via their BlackBerry Smartphone. The designated account funds the MoneySend transaction, and users can manage and trigger the exchanges through the app. Personal and financial information is never stored on the BlackBerry. Certain Bancorp Bank fees will apply.

Registered MoneySend users have the ability to:

* Accept credit or debit card payments
* Send money to family members (*bank sending fees may apply)
* Pay for informal goods and services (*bank sending fees may apply)
* Request money from people who owe money
* Simplify business or non-profit collection effort through the Request Funds feature
* Manage MoneySend transaction history from a BlackBerry
* Invite other users to use MoneySend via email as a function within the app

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.niceactimize.comdownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11991 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
10433 views comments | 22 tweets | 32 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9941 views 0 | 5 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9724 views comments | 10 tweets | 8 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9650 views comments | 19 tweets | 23 linkedin

Featured job

Find your next job