Mozido has debuted its Genius mobile wallet that is aimed at serving both the banked and underbanked populous, according to a report by Finextra.
Related: Microsoft Patent Alludes to Mobile Wallet Plans
The wallet will be equipped with the functionality to support retailers, financial institutions and mobile operators as they address and meet the remittance and bill payment requirements of consumers.
“After having led Citigroup as President and COO, and taken Priceline public as Chairman and CEO, I have not come across a financial service system as potentially game-changing as Mozido’s Genius Wallet,” said Mozido Chairman Richard Braddock. “I’m excited about providing solutions all over the world to billions of unbanked customers who are currently undeserved, just as we will for banked customers.”
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