Fort Lauderdale FL.., October 2, 2014, PAYTOO Mobile Wallet™, the industry mobile wallet standard announced today the release of the last piece of the puzzle with the launch of its mobile application.
PAYTOO® is one of the first companies that understood the needs of the unbanked customers and helped them save money. According to the FDIC -Federal Deposit Insurance Corporation, about 42% of the unbanked households have used mobile financial services in the past year compared with just over a third of the banked households. To address this increasing trend PAYTOO has completed its development of a fast, convenient and intuitive user mobile application.
Available today, the PAYTOO Mobile Wallet™ application for Android and Apple is the latest technology in cardless money management, offering an integrated full range of transactional services in one system with just the touch of a finger. Users will be able to pay their bills, top up cell phones, create virtual credit cards and gift cards, share money with friends and family and even get access to cash at a PAYTOO® cardless ATM, among other services.
“At PAYTOO® we believe one-stop shop solution is the ideal way to serve the unbanked and underserved. This is why we developed this application that answers the big question of how to offer customers, and more particularly the unbanked, products and services that are user-friendly and cost effective. With this application, the “mobile wallet” takes on its real meaning” said Michel Poignant, CEO of PAYTOO Corp.
Crossing the final barrier in the mobile wallet industry, PAYTOO Mobile Wallet™ application offers the best mobile experience, with a high level of security and convenient tools to make its customers’ lives easier, with the touch of a finger!
The free PAYTOO Mobile Wallet™ application is now available on Google Play for the Android Smartphones and soon at the Apple App.Store.
About PAYTOO®: PAYTOO® is a brand of PAYTOO Corp., a US organization founded in 1999 which has offered mobile phone solutions, VoIP, prepaid cards, and secured e-commerce payment transaction solutions as early as 2004. After five years of development, PAYTOO® launched the first mobile solution to combine telecommunications and payments into one single account. This global platform is called the PAYTOO Mobile Wallet™. This Mobile Wallet is an electronic account and a substitute or alternative to a bank account in which consumers securely store their money and get to spend it, however and wherever they want, without the need of a bank account or prepaid debit card.
To learn more about the PAYTOO® secured account and the other mobile financial products offered by PAYTOO Corp., visit us at http://www.paytoo.com or follow us on Twitter @Paytoo.
Media Relations: Deborah Accos, (954) 414-9623 / firstname.lastname@example.org