Sprint’s MyMoneyManager Let’s You Send Money with PayPal

Posted by at 1:45 pm on September 26, 2008

Customers of Sprint can now access their bank accounts and, in an industry first with PayPal, send payments to friends and family from most Web-enabled Sprint phones with the launch of MyMoneyManager. MyMoneyManager is a downloadable application that enables Sprint customers conduct banking functions on their phones.  

“With MyMoneyManager, Sprint customers can take advantage of the ultra-fast speed and  usability of the Now Network for on-the-go access to their financial accounts that is secure  and easy-to-use,” said Len Barlik, vice president of wireless and wireline services for Sprint. “Sprint is about simplicity, usability and real value. MyMoneyManager gives our customers a single mobile application that lets them use their Sprint phones to quickly access multiple financial providers, when and where they want.”

Initially, Sprint customers with BB&T, Citibank, IBC Bank and PNC Bank accounts can securely access account balances, view account transaction history, pay bills, transfer money and search for nearby A and branch locations. Texas-based IBC Bank is offering the industry’s first bilingual mobile banking application in both English and Spanish languages.

The PayPal Send Money feature on MyMoneyManager enables users to check their PayPal account balance and send money to almost anyone.

“We are excited to work with Sprint as the first carrier to market and distribute PayPal  services on the mobile handset,” said Menekse Gencer, director of business development for PayPal Mobile. “By teaming with Sprint, PayPal allows its customers to quickly send money to their family and friends around the world.”

MyMoneyManager is available now at no additional charge to Sprint data subscribers and works with  most Web-enabled Sprint phones.  To access, Sprint customers should go to www.sprint.com/mymoneymanager for download instructions for participating banks.  Customers should then visit their bank’s Web site to register and begin the application download process.  

In the future, Sprint plans to preload MyMoneyManager on phones and include additional banks and other financial service providers.

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