Business Editors/Telecommunications Writers
OVERLAND PARK, Kan.
--(BUSINESS WIRE)--
--Customers of
Sprint
(NYSE:S) can now conveniently access their bank accounts and, in an industry first with
PayPal
, send payments to friends and family from most Web-enabled
Sprint
phones * with the launch of MyMoneyManager. MyMoneyManager is an easy-to-use downloadable application that enables
Sprint
customers with
BB&T
,
Citibank
,
IBC Bank
and
PNC Bank
accounts to conduct banking functions right on their phones, including checking balances, paying bills and finding nearby branches and ATMs. MyMoneyManager also includes
PayPal
, making
Sprint
the first carrier to provide customers easy access to their
PayPal
accounts, allowing them to send money to almost anyone quickly via their
Sprint
phone.
MyMoneyManager is available at no additional charge to
Sprint
data subscribers, ** including those with the worry-free
Simply Everything SM Plan. In the future,
Sprint
plans to preload MyMoneyManager on phones and include additional banks and other financial service providers.
âWith MyMoneyManager,
Sprint
customers can take advantage of the ultra-fast speed and usability of the Now Network for on-the-go access to their financial accounts that is secure and easy-to-use,â said
Len Barlik
, vice president of wireless and wireline services for
Sprint
. âSprint is about simplicity, usability and real value. MyMoneyManager gives our customers a single mobile application that lets them use their
Sprint
phones to quickly access multiple financial providers, when and where they want.â
Banks
MyMoneyManager uses mFoundryâs mobile financial platform to enable full mobile banking, so customers can securely access account balances, view account transaction history, pay bills, transfer money and search for nearby ATM and branch locations.
Initially,
Sprint
customers with
BB&T
,
Citibank
,
IBC Bank
and
PNC Bank
accounts can conduct these banking functions.
Texas
-based
IBC Bank
is offering the industryâs first bilingual mobile banking application in both English and Spanish languages.
"
Citibank
is pleased to be a part of
Sprint's
MyMoneyManager service," said
Peter Knitzer
, Chairman and CEO of
Citibank North America
. "
Citibank
is committed to providing a superior customer experience, and
Sprint's
MyMoneyManager gives us the flexibility to tailor our mobile banking applications to meet our customers' needs."
Sprint
customers with
Citibank
checking or savings accounts can access those accounts, along with credit card accounts. MyMoneyManager allows
Sprint
customers to access their checking, savings and credit card accounts with
BB&T
,
IBC Bank
and
PNC Bank
.
PayPal
The PayPal Send Money feature on MyMoneyManager enables users to check their
PayPal
account balance and send money to almost anyone quickly and easily.
PayPal
is the leader in safe online payments with over 63 million active accounts in 190 markets around the world.
âWe are excited to work with
Sprint
as the first carrier to market and distribute
PayPal
services on the mobile handset,â said
Menekse Gencer
, director of business development for PayPal Mobile. âBy teaming with
Sprint
,
PayPal
allows its customers to quickly send money to their family and friends around the world.â
How to Access MyMoneyManager
MyMoneyManager is immediately available on most Web-enabled
Sprint
phones. To access,
Sprint
customers should go to
www.sprint.com/mymoneymanager
for download instructions for participating banks. Customers should then visit their bankâs Web site to register and begin the application download process.
MyMoneyManager is available at no additional charge to
Sprint
subscribers with a data pack or bundled voice plan that includes data, such as the
Simply Everything Plan, which offers unlimited domestic calling, messaging, email, Web surfing, GPS navigation, Sprint Music Premier, Sprint TV ® Premier, NFL Mobile Live, Sprint NASCAR Cup Mobile,
Direct Connect
and Group Connect on compatible phones.
Sprint's
MyMoneyManager application supports rich security features such as multi-factor authentication and the ability to deactivate the application remotely. In addition, all personal information is wiped from the application after each use.
MyMoneyManager is based on mFoundryâs ® Mobile Financial Platform, which enables mobile banking, peer-to-peer payments and brokerage. The platform provides a secure, extensible foundation that will enable
Sprint
to seamlessly add new components to MyMoneyManager in the future, such as stored value, international remittances, NFC/contactless payments, coupons and other mobile wallet solutions based on applications provided by mFoundry or third-party developers who use the mFoundry toolkit.
* MyMoneyManager is currently not available on phones that run on the Nextel National Network.
** Casual data usages charges of
per kilobyte apply to customers without a data subscription.
About
Sprint Nextel
Sprint Nextel
offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users.
Sprint Nextel
is widely recognized for developing, engineering and deploying innovative technologies, including two wireless networks serving nearly 52 million customers at the end of the second quarter 2008; industry-leading mobile data services; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. For more information, visit
www.sprint.com
.
Sprint Nextel
Emmy Anderson
, 913-707-0618
emmy.anderson@sprint.com
State Keywords:
Kansas
Industry Keywords: Technology; Internet; Networks; Telecommunications; Wireless; Professional Services; Banking
Source:
Sprint Nextel