Boost Mobile, the wireless carrier that puts the power back into the hands of the people, announced the launch of OmniMoney by Boost Mobile. OmniMoney represents the latest Boost value-added service delivering mobile access to money transfer, debit cards and basic no-fee digital checking services. In-store cash deposits are also available in select Boost Mobile stores, with nationwide expansion in the coming months.
Boost Mobile Expands into Financial Services Arena with Launch of OmniMoney App, No-Fee Digital Checking Account
Users can deposit funds into their OmniMoney account and receive both a digital and physical debit card; opening access to thousands of ATMs. In addition to removing onerous fees, OmniMoney customers will get special discounts and perks on Boost Mobile wireless service – including free remittances to Mexico of up to $1,000 per month with premium unlimited plans.
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“We’re looking to provide basic services for historically excluded communities – where 60 million Americans are underbanked1,” said Stephen Stokols, who heads Boost Mobile. “Not only do Boost Mobile customers have access to low-cost unlimited wireless services, but now they are empowered to take control of their finances with new tools through the OmniMoney app.”
OmniMoney provides an easy way for customers to view deposits and withdrawals, make secure payments, transfer money, send remittances, and instantly secure their account. With no credit check, no minimum balance requirements, and no monthly fees for active users – OmniMoney provides financial power to customers through the convenience of their phone.
“Now more than ever, people are examining their expenses as inflation continues to be a serious pain point,” said Stokols. “We are investing in customers who use their phone to power their lives.”