IRVINE, Calif.--(BUSINESS WIRE)--Boost Mobile, a leader in the no-contract wireless industry and ranked "Highest in Purchase Experience among Non-Contract Wireless Providers" by J.D. Power and Associates1, today announced the availability of Boost Mobile Wallet powered by Wipit, an industry-first mobile solution that allows Boost Mobile Android-powered smartphones to serve as a cash-based vehicle for accessing cost-effective financial services.
According to the 2011 FDIC National Survey of Unbanked and Underbanked Households, more than 20 percent of U.S. households rely on alternative financial services to help with their banking needs. Boost Mobile Wallet is a full-service virtual wallet account that enables consumers to:
Load cash to the wallet account at Boost Mobile authorized retail locations
Send money to more than 135 countries
Pay more than 3,500 billers nationwide
Top-up domestic and international prepaid wireless accounts
Transfer funds instantly between accounts
Load checks directly from the mobile phone with instant access to approved funds (coming soon)