U.S. Bank AccelaPay® Visa cardholders now have convenient, free access to their accounts at all times from anywhere with their mobile phone. U.S. Bank and Monitise Americas have created AccelaPay mobile banking service to U.S. Bank ReliaCard® Visa state programs. Expansion is planned to other prepaid card products in the coming months.
AccelaPay cardholders can now check balances, receive account alerts, pay bills, as well as view mini-statements in wireless cyberspace with AccelaPay mobile banking. Downloads are available for BlackBerry and iPhone users using the AccelaPay application at accelapay.com. All other mobile web users have access to the AccelaPay mobile website by typing m.accelapay.com in their respective browers.
Dominic Venturo, chief innovation officer for Retail Payment Solutions stated:
“We’re excited to introduce the mobile banking channel to our prepaid customers with AccelaPay mobile banking, the first full-suite mobile banking solution with bill pay capabilities in the prepaid marketplace. As an early adopter of mobile banking in the payments space, U.S. Bank is committed to investing in new technologies to better serve our customers.”
A partnership between U.S. Bank and Monitise Americas, has been established to utilize and advance financial management technology available to provide this service.
Soren Bested, Managing Director, Monitise Americas said:
“With the launch of U.S. Bank’s app, prepaid cardholders can access real-time financial information quickly, securely and in the palm of their hand, enabling round-the-clock access, speed and added convenience. With U.S. Bank leading the way, it is expected that this method of accessing financial information will quickly establish itself as the number one way that prepaid cardholders manage their money.”
Since cutting paper checks is such a costly endeavor, the U.S. Bank AccelaPay Visa was designed as a prepaid, reloadable card used by businesses with recurring cash disbursement activities, such as payroll, sales commissions, travel advances and distributions of insurance claims. Cardholders can use the AccelaPay Visa card anywhere in the world Visa Debit cards are accepted. Visit usbank.com/accelapayvisa for details.
U.S. Bank Retail Payment Solutions (RPS) is one of the nation’s leading providers of payment processing, issuing and advisory services. RPS offers credit, debit, and prepaid payment solutions to consumers and small businesses through U.S. Bank and in partnership with financial institutions, businesses, governments and employers. Monitise Americas provides mobile banking and payment services to North American financial institutions predicated on an “ecosystem” principle, which allows multiple mobile carriers and financial institutions to deliver services over a single platform.