Topic: Tuxedo Money Solutions announces launch of Mobile eccount
Tuxedo Money Solutions announced the official launch of its Mobile eccount – another market first for one of Europe’s most innovative prepaid service providers.
Following the success of Tuxedo’s prepaid card products and the unique eccount technology platform, Tuxedo has introduced a mobile phone application that gives users easy access to their eccount and card/s directly from their handset.
The eccount functionality, already enables customers to manage and control their money 24 hours a day with the flexibility for users to check balances, hold funds off their card and link multiple cards and services - controlling them via SMS, telephone or online. Cards can also be instantly blocked and unblocked or cancelled if lost or stolen.
The new Mobile eccount is a simple download application that customers self provision to their handset from their online eccount or by contacting customer care.
The Mobile eccount enables them to enjoy the benefits of being able to manage and control their money whilst on the go - in the UK and abroad – anywhere mobile networks offer WAP, GPRS or 3G access.
The technology is secure and simple to use. It offers users fast access to their eccount directly from their mobile through a passcode protected, intuitive, ‘scroll and click’ menu on their handset. In addition to the features already offered by the eccount, users can also view mini statements and move funds from their eccount or card to another card instantly in real time.
The Mobile eccount works on all major UK mobile networks and is compatible with 95% of the handsets currently available in the UK. It is based on the multi-award winning technology that powers the mobile banking and payments solution for the customers of First Direct, HSBC, NatWest, Royal Bank of Scotland, Ulster Bank and Lloyds TSB.
The Mobile eccount is offered with a 30 day free trial and costs just £1/ per month thereafter for unlimited use.
Colin Loubser, Chief Marketing Officer of Tuxedo Money Solutions said: “After a long period of development and testing, we are delighted to be the first prepaid service provider to offer the ultimate mobile based money management service to our customers. We are also excited about new services that will be made available on our customers’ mobile phones in the next few months, including mobile Top-ups and other instant payment options.”
Loubser added that “The market for prepaid cards spans all demographics, including those who prefer not to use the internet, do not have access, or are simply on the move. We are dedicated to extending the universal availability of our payment solutions to new, emerging and underserved markets. Technology like the Mobile eccount will continue to revolutionise the way businesses and consumers make payments and significantly enhance the user experience of prepaid.”
Currently no other prepaid service provider or programme manager offers functionality similar to the eccount. Many still rely on legacy technologies built for debit and credit card services and adapted for prepaid. Tuxedo believes that a ‘cardholder services’ approach alone cannot deliver the access, quality or breadth of user experience required by prepaid customers to manage and control their money effectively.