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Alltel Wireless will launching the mobile wallet service powered by San Francisco, California-based mFoundry — the same company that powers mobile banking solutions for Verizon and Sprint.
The so called Alltel Wallet will initially provide access to a consolidated mobile banking service, allowing customers to access a wide variety of financial institutions.
mFoundry’s technology combines mobile banking, mobile payments and mobile commerce capabilities, and will provide Alltel with the necessary platform to plug in enhanced financial solutions. In addition, mFoundry’s platform allows further extendability through third party add-ons, giving Alltel an ability to enhance its Alltel Wallet offering with additional functionalities with the time.
As for the release date, Alltel Wallet is scheduled to debut in 2009.
[Via: BankTech]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
