T-Mobile dials into mobile banking
All kinds of tech companies have been piling into the financial services business lately. There’s Google Pay, Amazon Cash, Apple Pay. Now, T-Mobile is jumping into the fray. This week, the telecom company rolled out T-Mobile Money nationwide. It’s basically a digital, mobile checking account. It’s the wireless carrier’s latest effort to distinguish itself from larger rivals AT&T and Verizon. It also could turn out to be an attractive option for lower-income, “under-banked” consumers.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
