Boost Mobile has announced a way for users of Boost Mobile Wallet, powered by Wipit, to turn their checks into instant cash funds, available in their Boost Mobile Wallet Plus accounts. Boost Mobile Wallet is a mobile solution that allows Boost Mobile Android™-powered smartphones to serve as a cash-based vehicle for accessing cost-effective financial services.
The new service is called Quick Check. The funds are loaded in users’ Boost Mobile Wallet Plus accounts, which are issued by Sutton Bank in association with Wipit.
How Quick Check works:
- Customers pay a low, flat fee of $4 per transaction for any check type up to $2,000.
- Quick Check accepts virtually all check types, including personal, payroll and government checks.
- Customers follow simple instructions of taking a photo of the front and back of the check to submit for approval.
- Approvals are usually issued within seconds. Once the check is approved the customer has instant access to the guaranteed check funds loaded into their account for use in the Mobile Wallet app, via a Visa® prepaid card1 or to withdraw from an ATM.
- Quick Check is part of the Boost Mobile Wallet powered by Wipit and requires a Boost Mobile Wallet Plus account to use the service.
“Quick Check is just one more way our customers can save money as its low flat-fee pricing offers an inexpensive alternative to retail check cashing,” said Andre Smith, vice president, Boost Mobile. “Offering a diverse selection of mobile financial service options gives all customers the ability to do more with their money, on their terms and from more places – all with just a few swipes of their mobile device’s screen.”
The Boost Mobile Wallet application offers international money transfer by Ria Money Transfer, bill payment, domestic and international prepaid mobile top-up, and money transfer capabilities to other Mobile Wallet accounts, all available through Wipit and its financial services partners.
The application is available as a free download at the Google Play Store from a Boost Mobile Android-powered smartphone. The service is available at select authorised indirect retailers in markets with national rollout planned to be completed by the end of the year.
For customers who already have a credit or debit card, Boost has partnered with vendors that offer a variety of ways customers can take care of some everyday money tasks using their phone. Services include Transfer-To for international mobile recharge, Western Union and Xoom for money transfers and Precash for utility bill payments.
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