FORT LAUDERDALE, Fla., Feb. 12, 2015 /PRNewswire-iReach/ — After 5 years of development, PAYTOO® achieved the final release of its platform and now offers the ultimate range of services for the unbanked and underserved population.
PAYTOO® becomes the only provider of a complete alternative to a bank account in the United States. Unbanked and underserved now have access to Direct Deposit, bill payments, money transfers, gift cards, virtual cards, top-up cell phones and prepaid cards.
With also thousands of cash deposit locations in the United States, PAYTOO® answers the needs of the unbanked through one single account, the PAYTOO Mobile Wallet™.
In addition, PAYTOO® users with a bank account, can now link their credit or debit card to the PAYTOO Mobile Wallet™ and enjoy all the services using the mobile application.
With this release, PAYTOO® confirms its position in the market and its goal to be the best alternative for the million of people forgotten by the banking system worldwide.
“More than 60 million of Americans are unbanked or underserved, and it’s now time to provide to them what they deserve in terms of services and to lower the cost as much we can associated to the services, which will help them to get back their purchasing power,” said Michel Poignant CEO of PAYTOO Corp.
The PAYTOO Mobile Wallet™, first launched in 2009, is now complete: it has developed several services for the unbanked, such as the cardless PAYTOO ATM, and the multi payment center Kiosk.
About PAYTOO®: PAYTOO™ is a brand of PAYTOO Corp., a US organization founded in 1999, which after five years of development launched the first mobile solution, combining 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. Consumers are able to securely store their money and 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 or the other mobile financial products offered by PAYTOO Corp., visit us at http://www.paytoo.com
Media Contact: Deborah Accos, PAYTOO Corp., +1 (954) 414-9623, firstname.lastname@example.org
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