Advertisement

Mozido Launches Mobile Wallet for Underbanked

Feb. 13, 2012

Mozido, a Dallas-based mobile payments firm, has launched a mobile wallet platform it hopes will bring financial inclusion to un- and underbanked consumers around the world. The company said it has expanded a partnership with MoneyGram to enable the money transmitter’s clients to provide remittance services to customers through Mozido’s Genius Wallet application. “Our Genius Wallet brings every mobile phone user, including the unbanked, into a secure, convenient, and efficient financial ecosystem,” said Greg Corona, CEO of Mozido LLC “It offers opportunity and hope for a huge population worldwide, empowering them to enjoy a broad range of banking and financial services often for the first time, using their mobile phone.” In addition to the integration with MoneyGram, which will enable remittance services for approved programs at 256,000 MoneyGram locations in 192 countries, Mozido said a direct-to-consumer interface built into the Genius Wallet allows consumers of all social and economic backgrounds to make purchases and redeem rewards.



Advertisement


  • CurrentC to Begin Consumer Testing Phase - July 30, 2015
    Current C to Begin Consumer Testing Phase

    MCX, the merchant-backed initiative developing a contactless mobile payment system to compete with Apple Pay and others, this week confirmed a Bloomberg News report that its CurrentC mobile solution is moving from an employee test into a limited pilot test phase with consumers.

  • PayItSimple Launches in UK - July 16, 2015
    PayItSimple Launches in UK

    PayItSimple USA, a company that enables consumers to tap the available credit on their credit cards to enable installment payments online, is launching its service in the U.K.

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here