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US Bank mobilises pre-paid card with Monitise

05 October 2010  |  3711 views  |  0 Source: Monitise

U.S. Bank and Monitise Americas have launched AccelaPay mobile banking, giving U.S. Bank AccelaPay® Visa cardholders convenient, free access to their accounts anywhere and anytime using their mobile phone. Plans are underway to introduce the mobile banking service to U.S. Bank ReliaCard® Visa state programs this month, and to expand the offering to other prepaid card products in the coming months.

AccelaPay cardholders can check their balance, pay bills, receive account alerts and view mini-statements on-the-go with AccelaPay mobile banking. BlackBerry and iPhone users can download the free AccelaPay application at accelapay.com, and all other mobile web users can access the AccelaPay mobile website at m.accelapay.com.

"We're excited to introduce the mobile banking channel to our prepaid customers with AccelaPay mobile banking, the first full-suite mobile banking solution with bill pay capabilities in the prepaid marketplace," said Dominic Venturo, chief innovation officer for Retail Payment Solutions. "As an early adopter of mobile banking in the payments space, U.S. Bank is committed to investing in new technologies to better serve our customers."

U.S. Bank is working in partnership with Monitise Americas, a leading global mobile banking provider for financial institutions, to use the most advanced financial management technology available to provide this service.

"With the launch of U.S. Bank's app, prepaid cardholders can access real-time financial information quickly, securely and in the palm of their hand, enabling round-the-clock access, speed and added convenience," said Soren Bested, Managing Director, Monitise Americas. "With U.S. Bank leading the way, it is expected that this method of accessing financial information will quickly establish itself as the number one way that prepaid cardholders manage their money."

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