Christian News Wire: Christian mobile provider FaithFone has launched a mobile banking service (Banking On You) with an account linked to a Visa debit card. “The platform is designed to instantly send (SMS) text alerts to the FaithFone handset anytime the accountholders VISA Debit card is used for purchases. FaithFone Mobile Banking VISA Debit card can be turned On and Off using the FaithFone Wireless handset to deactivate the card at anytime, for added security and fraud prevention. Account information can also be accessed via the http://www.faithfonewireless.com secure web-site to track spending, view bank statements, or do a (P2P) Payment to Person money transfer to family members and friends who are FaithFone Mobile Banking customers.”
This is the most comprehensive mobile banking service that I’ve heard of in the United States (although some other countries have been doing this sort of thing for a while).
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