T-Mobile to shutter Mobile Money prepaid debit card program on July 27
T-Mobile is set to kill Mobile Money, the prepaid debit card program that the Un-carrier launched in early 2014. According to Fierce Wireless, T-Mobile has begun alerting Mobile Money users that the service will shut down on July 27. Additionally, users won;t be able to add money to their accounts or use the mobile app after June 27.
If you’re unfamiliar with Mobile Money, it was a quasi-banking effort introduced in January 2014 that very much stood out from T-Mobile’s traditional carrier operations. Users could sign up and receive a T-Mobile-branded prepaid Visa card that worked much like others of its ilk. The mobile twist was that users could access their accounts through a dedicated app to easily make deposits and manage their money.
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