Following the launch of Quick Check service, users are able to turn their cheques into cash funds, available in their Boost Mobile Wallet Plus accounts, which are issued by Sutton Bank in association with Wipit.
In order to use Quick Check, customers have to pay a fee of USD 4 per transaction for any cheque type up to USD 2,000. Quick Check accepts a number of cheque types, including personal, payroll and government cheques. Customers have then to follow instructions of taking a photo of the front and back of the cheque to submit for approval. Once the cheque is approved the customer has access to the guaranteed cheque funds loaded into their account for use in the Mobile Wallet app, via a Visa prepaid card or to withdraw from an ATM.
The Boost Mobile Wallet application provides 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, available through Wipit and its financial services partners. The application is available at the Google Play Store from a Boost Mobile Android-powered smartphone. For customers who already have a credit or debit card, Boost has partnered with other vendors that offer mobile services such as Transfer-To for international mobile recharge, Western Union and Xoom for money transfers and Precash for utility bill payments.
In recent news, Boost Mobile has launched the Boost Mobile Wallet powered by US software-based financial services provider Wipit, a mobile solution that allows Boost Mobile Android-powered smartphones to serve as a cash-based vehicle for accessing financial services.
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