FROM ONLINE BANKING TO 'PHONELINE' BANKING: Technology revolutionizes mobile banking; paying tithes and offerings with cell phone possibly within reach

http://www.eurweb.com/story/eur29334.cfm

October 23, 2006

FaithFone Wireless™ is the first Christian mobile company to bank on mobile banking.  Located in Phoenix, AZ the faith-based mobile phone company, announced on October 20 the launch of its mobile banking platform (BOY) "Banking On You."     

      Via the FaithPhone Wireless handset, the ministry's contribution channel is extended.  Account holders have around-the-clock access to their money and account details and can pay .

      The banking functions are enabled on the FaithFone Wireless handsets in place of their PC or Bank web-site. "You get the banking services and convenience without the banking hours, because the bank is with you wherever you go with your mobile phone 24 / 7, says Larry Witherspoon," Managing Director of FaithPhone Wireless Media, Inc.

      The platform is designed to instantly send (SMS) text alerts to the FaithFone handset anytime the accountholder's VISA Debit card is used for purchases. FaithFone Mobile Banking VISA Debit card can be turned On and Off using the FaithFone Wireless handset to deactivate the card at anytime, for added security and fraud prevention. Account information can also be accessed via the www.faithfonewireless.com secure web-site to track spending, view bank statements, or do a (P2P) Payment to Person money transfer to family members and friends who are FaithFone Mobile Banking customers.  

      FaithFone Mobile Banking also offers its Ministry Partners a convenient Debit Card depository account, enabling the Church to receive contributions 24 / 7 from FaithFone accountholders.  In addition, 1% of the total monthly bill for phone minutes purchased by Church members using the FaithFone Mobile Banking Debit card will be donated to the Ministry Partner. FaithFone Wireless is Mobilizing Ministries by offering personalized content, banking, and event notification tools via SMS text messaging to facilitate wireless congregational communications, Church growth, and member retention assurance.   

      FaithFone Wireless has a partnership with technology platform provider RBA International, and ACS (Affinity Card Services) to manage financial services, banking affiliations, and customer service for FaithFone Mobile Banking account holders.

      The service is available to FaithFone Wireless customers, and does not require a credit check or a previous banking history. When customers sign up for the mobile service with FaithFone Wireless, they automatically qualify for the FaithFone Mobile Banking service which offers bill payment, Direct Deposit, ATM, credit reporting, and many free services.

      For MORE info:  www.faithfonewireless.com

 

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