Mobile Wallet Craze Goes Underbanked

What's Next In Payments®
9:56 PM EST April 8th, 2012

TIO is taking on the mobile payments sphere by adding a mobile wallet to their arsenal of products, according to a report by MyBankTracker.com.

The TIO Wallet will be able to connect smartphones to kiosks as well as the company’s cash counter network.

Brian Yan Muk, a member of TIO’s mobile payments team, noted that the wallet will enable users to “get the feeling of a bank” while simultaneously enjoying a heightened sense of security.

   

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