US mobile phone firm FaithFone Wireless has launched a mobile banking platform, named Banking On You, in partnership with RBA International, and Affinity Card Services.
The partnership was established to manage financial services, banking affiliations, and customer service for FaithFone Mobile Banking accountholders.
The Banking On You mobile banking platform is the first of its kind to be offered by a Christian mobile phone company. The service offers an individually FDIC-insured mobile banking account with a Visa debit card, coupled with transactions and inquiry-based solutions.
Accountholders have 24/7 access to their money and account information using banking functions enabled on the FaithFone Wireless handsets. In addition, the platform can instantly send SMS text alerts to a FaithFone handset whenever the accountholder’s Visa debit card is used for purchases.
Account information can also be accessed via the faithfonewireless.com secure website to track spending, view bank statements, or do a payment-to-person money transfer to family members and friends who are FaithFone Mobile Banking customers.
The service is available to FaithFone Wireless customers, and does not require a credit check or a previous banking history. When customers sign up for the mobile service with FaithFone Wireless, they automatically qualify for the FaithFone Mobile Banking service, which offers bill payment, direct deposit, ATM, credit reporting, and many free services.