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Boost Mobile Wallet powered by Wipit now Offers Quick Check Service

Category:

Thursday, September 5, 2013 10:05 am EDT

Dateline:

IRVINE, Calif.

Public Company Information:

NYSE:
S
"Highest Satisfaction with the Purchase Experience among Non-Contract Wireless Providers"

IRVINE, Calif.--(BUSINESS WIRE)--Boost Mobile, a leader in the no-contract wireless industry with its exclusive Monthly Unlimited with Shrinking Payments no-contract service, today announced a simple way for users of Boost Mobile Wallet powered by Wipit to turn their checks into instant cash funds, available in their Boost Mobile Wallet Plus accounts.

The new service called Quick Check is available through the Boost Mobile Wallet powered by Wipit. The funds are loaded in users’ Boost Mobile Wallet Plus accounts, which are issued by Sutton Bank in association with Wipit. Announced earlier this year, Boost Mobile Wallet is an industry-first mobile solution that allows Boost Mobile Android™-powered smartphones to serve as a cash-based vehicle for accessing cost-effective financial services.

How Quick Check works:

  • Customers pay a low, flat fee of $4 per transaction for any check type up to $2,000.
  • Quick Check accepts virtually all check types, including personal, payroll and government checks.
  • Customers follow simple instructions of taking a photo of the front and back of the check to submit for approval.
  • Approvals are usually issued within seconds. Once the check is approved the customer has instant access to the guaranteed check funds loaded into their account for use in the Mobile Wallet app, via a Visa® prepaid card1 or to withdraw from an ATM.
  • Quick Check is part of the Boost Mobile Wallet powered by Wipit and requires a Boost Mobile Wallet Plus account to use the service.

“Quick Check is just one more way our customers can save money as its low flat-fee pricing offers an inexpensive alternative to retail check cashing,” said Andre Smith, vice president, Boost Mobile. “Offering a diverse selection of mobile financial service options gives all customers the ability to do more with their money, on their terms and from more places – all with just a few swipes of their mobile device’s screen.”

The Boost Mobile Wallet application offers international money transfer by Ria Money Transfer, bill payment, domestic and international prepaid mobile top-up, and money transfer capabilities to other Mobile Wallet accounts, all available through Wipit and its financial services partners. The application is available as a free download at the Google Play Store from a Boost Mobile Android-powered smartphone. The service is available now at select authorized indirect retailers in markets with national rollout planned to be completed by the end of the year. For more information, visit the Mobile Wallet site at https://boostmobile.wipit.me/.

Boost Mobile Money Center

For customers who already have a credit or debit card, Boost has partnered with other great vendors that offer a variety of ways customers can take care of some everyday money tasks using their phone. Whether it's paying utility bills or keeping mobile phones topped-up back home, customers can do it quickly and easily on their Boost Mobile phone. Services include Transfer-To for international mobile recharge, Western Union and Xoom for money transfers and Precash for utility bill payments

About Boost Mobile

Boost Mobile, recently recognized by J.D. Power as “Highest Satisfaction with the Purchase Experience among Non-Contract Wireless Providers,” offers wireless phones and services with no long-term contracts. Boost Mobile redefines value for wireless consumers with its Monthly Unlimited with Shrinking Payments no-contract service, where the longer you stay the less you pay with on-time payments for unlimited voice, text messaging, Web, email and calls to 411. Boost Mobile offers nationwide service on the Nationwide Sprint Network, reaching more than 279 million people and with no long-distance fees. Boost Mobile offers a selection of quality handsets from BlackBerry, HTC, Kyocera, LG, Motorola and Samsung, ranging from entry-level to Android™ smartphone devices available nationwide at nearly 20,000 major retail stores, including Best Buy, Kmart-Sears, RadioShack, Target, Family Dollar, Walgreens and Walmart, independent wireless dealer locations, and on HSN, a leading TV home shopping network. Re-Boost® Cards are available at approximately 100,000 locations throughout the United States. Experience Boost Mobile on the Web at Facebook and Twitter; and purchase products at www.boostmobile.com.

About Wipit Inc.

Wipit is a mobile payments venture focused on serving unbanked and underbanked consumers. Wipit provides these consumers with a mobile wallet application and an integrated Visa® prepaid card. Consumers can use the mobile wallet application to pay directly for financial services such as international money transfer, bill payment, and prepaid mobile replenishment, and can load money to their account via cash or Wipit’s Quick Check service. Wipit is strategically partnered with and invested in by Euronet Worldwide (NASDAQ:EEFT). For more information, visit www.wipit.me/boost.

1 Boost Mobile Visa prepaid card is provided by Wipit Inc. and issued by Sutton Bank pursuant to a license from Visa Inc. and can be used everywhere Visa debit cards are accepted nationwide.

Contact:

Media Contact:
Boost Mobile
Danielle Babbington, 949-748-3418
Danielle.Babbington@sprint.com