Alpha Financial Services has launched a mobile money transfer service that is expected to significantly enhance its remittance business in the US.
Alpha Mobile Cash offers a more convenient alternative to making transactions at money transfer locations, by allowing money to be sent and received via the consumer’s mobile phone. It is an online to offline money transfer service that offers the customer a choice to either log onto the internet to remit money or to use their mobile phone.
Beneficiaries of the service will be able to access the money with a re-loadable debit card at over 900,000 ATMs worldwide. The card can also be used at any retail establishment that accepts MasterCard.
The service is accessible on all mobile handsets across all major carriers in the US. There is no software to download or SIM upgrade to be made to use this service.