Obopay, a service provider for payments over mobile phones, has partnered with Yodlee, a provider of online banking services, to facilitate instant bank account verification, which lets Obopay customers immediately link their existing bank account to Obopay so that they can move money between their bank account and Obopay more quickly and easily.
Yodlee’s account verification lets Obopay users authenticate bank account ownership in real-time by entering their online banking user name and password. This information is confirmed by Obopay through Yodlee in a matter of seconds. Once confirmed, Obopay users can immediately begin sending money between their Obopay account and their existing bank account.
Obopay’s CEO, Carol Realini, said: Obopay is committed to continuing to enhance our users’ experience and our service offerings, and our partnership with Yodlee gives our customers a convenient alternative to confirm their account information and avail of the full suite of Obopay services.
Peter Hazlehurst, senior vice president of product development at Yodlee, said: Obopay is a perfect use of our patented instant account verification technology, giving people the convenience of immediate authorization with the highest security.