HOUSTON, May 1, 2014 (GLOBE NEWSWIRE) -- Mobile Money by T-Mobile, which includes a T-Mobile Visa® Prepaid Card, counts among its many available features access to a nationwide surcharge-free ATM network of 43,000 ATMs — the Allpoint Network. Allpoint is America's largest surcharge-free ATM network and an affiliate of Cardtronics, Inc. (Nasdaq:CATM).
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What is Mobile Money?
Mobile Money is the combination of a money management app, a T-Mobile Visa Prepaid Card and Allpoint's surcharge-free nationwide ATM network — with a smartphone bringing together many of the features of a checking account for consumers. With Mobile Money, registered T-Mobile wireless customers pay $0 when withdrawing cash from an in-network Allpoint ATM using their T-Mobile Visa Prepaid Card, which is issued by The Bancorp Bank and supported by Blackhawk Network.
The Importance of Surcharge-Free Access to Cash
"When T-Mobile began developing the Mobile Money program, a key goal was to use the smartphone to help consumers both manage their money and keep more of it in their pocket. The Allpoint Network helps us accomplish that mission with 43,000 surcharge-free ATMs found in many of America's most popular retailers, made even more convenient by a free, easy-to-use Allpoint ATM locator within the Mobile Money app," said Taylor Collyer, senior director of marketing at T-Mobile.
"Easy access to cash, preferably without the surcharge imposed by the ATM owner, is at the heart of the most successful general-purpose prepaid card programs. By having access to Allpoint, America's largest surcharge-free ATM network, the T-Mobile Visa Prepaid Card is a core component of Mobile Money by T-Mobile," said Bill Knoll, executive vice president, Financial Institutions Products Group at Cardtronics.
How to find an Allpoint Network ATM
Eligible cardholders looking for the nearest surcharge-free Allpoint ATM can use the Allpoint Network ATM locator, available online and as a free app for their smartphones.
Allpoint Network's surcharge-free ATMs are conveniently located coast-to-coast, in destination retail outlets including major discount retailers, as well as convenience, grocery and pharmacy stores — places that are already part of people's daily routines. As America's largest surcharge-free ATM Network, Allpoint helps more than 1,200 financial services providers, representing more than 60 million cardholders, save time and money when accessing their cash.
How to Get the T-Mobile Visa Prepaid Card
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Individuals can register at https://t-mobilemoneyservices.com to receive their personalized T-Mobile Visa Prepaid Card in the mail.
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T‑Mobile wireless subscribers should enter their T‑Mobile wireless phone number when they register in order to benefit from access to the Allpoint surcharge-free ATM network.
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T-Mobile Visa Prepaid Cards are also available in participating T-Mobile retail locations and Safeway stores across the United States.
The T-Mobile Visa Prepaid Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and can be used everywhere Visa debit cards are accepted. The Bancorp Bank; Member FDIC.
About Blackhawk Network
Blackhawk Network Holdings, Inc. (Nasdaq:HAWK) is a leading prepaid payment network that supports the physical and digital distribution of a large range of prepaid products. Blackhawk Network utilizes proprietary technology to provide consumers a wide selection of gift cards, prepaid telecom handsets, airtime cards and general purpose reloadable cards across a global network totaling over 100,000 stores. Through Blackhawk's digital platform, the company supports prepaid products and offers across a growing network of digital distribution partners including leading retailers, financial service providers, social apps, mobile wallets and other integrated physical-to-digital channels. Founded in 2001, Blackhawk Network is headquartered in Pleasanton, California, and offers products and services in the United States and 18 other countries. For more information please, visit www.blackhawknetwork.com and www.giftcardmall.com.
About T-Mobile US, Inc.
As America's Un-carrier, T-Mobile US, Inc. (NYSE:TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The company's advanced nationwide 4G and expanding 4G LTE network delivers outstanding wireless experiences for customers who are unwilling to compromise on quality and value. Based in Bellevue, Wash., T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. It currently serves approximately 46.7 million wireless subscribers and provides products and services through 70,000 points of distribution. For more information, please visit http://www.t-mobile.com.
About Allpoint
Allpoint Network is the largest surcharge-free ATM network with more than 55,000 ATMs in leading national and regional merchant locations across the United States, Canada, Mexico, United Kingdom and Australia. Allpoint provides greater access, convenience and savings to customers of financial institutions while providing institutions the tools to compete more effectively for customers. For more information or to find the nearest Allpoint surcharge-free ATM, please visit www.AllpointNetwork.com. Allpoint Network is an affiliate of Cardtronics, Inc.
About Cardtronics (Nasdaq:CATM)
Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 82,700 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.
Cardtronics and Allpoint are registered trademarks of Cardtronics, Inc.
All other trademarks are the property of their respective owners.
