T-Mobile Adds Banking Service, But It’s Not First

By | January 22, 2014

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T-Mobile USA (TMUS) has rolled out “Mobile Money,” a personal finance and mobile payments service, throwing another curve ball at rivals AT&T (T), Verizon Wireless and Sprint (S) . After customers make a cash deposit, T-Mobile says it will provide them with a free checking account and a reloadable prepaid Visa card. According to CNet, T-Mobile’s service is comparable to one already offered by Sprint’s prepaid brand Boost Mobile. It’s called Boost Scalper1 News

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