PayToo adds direct deposit service to mobile wallet

Paytoo

Updating mobile wallet

PayToo Mobile Wallet users will have account and routing information instantly available, allowing their employers to drop funds directly into their account. Until now, any employee without a bank account has had to accept physical checks to cash, opening up the doors for non-member fees and percentage cuts.

Michel Poignant, CEO and Founder of PayToo Corp said, “PayToo’s made a commitment to helping those who don’t want to deal with the high cost of a U.S. bank account. We want to help these people keep more money in their pocket. We want them to spend that money with their friends and family, not a giant corporate bank. PayToo’s Mobile Wallet is the exact service they’ve been waiting for. After three payroll paid continuously, PayToo users will qualify for a quick and easy Payday Cash Advance with the absolute minimum in fees. We understand that our users occasionally require their funds a little early, so with this cash advance, they’ll be able to pay their bills without worrying about astronomical interest fees.”

The PayToo Mobile Wallet, direct deposit and Payday Cash Advances are available today.

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