Boost Mobile, the wireless carrier that puts the power back into the hands of the people, announced the launch of OmniMoney by Boost Mobile.
OmniMoney represents “the latest Boost value-added service delivering mobile access to money transfer, debit cards and basic no-fee digital checking services.”
In-store cash deposits are also “available in select Boost Mobile stores, with nationwide expansion in the coming months.”
Users can “deposit funds into their OmniMoney account and receive both a digital and physical debit card; opening access to thousands of ATMs.” In addition to removing onerous fees, OmniMoney customers will “get special discounts and perks on Boost Mobile wireless service – including free remittances to Mexico of up to $1,000 per month with premium unlimited plans.”
Stephen Stokols, who heads Boost Mobile, said:
“We’re looking to provide basic services for historically excluded communities – where 60 million Americans are underbanked1. Not only do Boost Mobile customers have access to low-cost unlimited wireless services, but now they are empowered to take control of their finances with new tools through the OmniMoney app.”
OmniMoney provides “an easy way for customers to view deposits and withdrawals, make secure payments, transfer money, send remittances, and instantly secure their account.”
With no credit check, no minimum balance requirements, and no monthly fees for active users – OmniMoney “provides financial power to customers through the convenience of their phone.”
Stokols added:
“Now more than ever, people are examining their expenses as inflation continues to be a serious pain point. We are investing in customers who use their phone to power their lives.”
OmniMoney by Boost Mobile features:
- 24/7 online customer support
- Instant security with the OmniMoney app to freeze, unfreeze, or cancel your debit card
- No minimum balances or monthly fees for active users
- No credit check required
- Account and card management via the OmniMoney app
- Access to 400,000+ ATMs in the United States for withdrawals and deposits
- Mobile check deposits
- International purchases
- Remittances to Mexico
- Account security with biometric authentication
- Cash deposits at Boost Mobile stores (available at select locations)
OmniMoney by Boost Mobile is “available for download in the Apple App Store for iPhone users and in the Google Play Store for Android.”
OmniMoney by Boost Mobile is “not a bank.”
OmniMoney by Boost Mobile account services are “provided by Alviere as an agent and service provider of Community Federal Savings Bank, Member FDIC.”
As noted in the update, Boost Mobile provides value and connectivity to U.S. wireless consumers “on America’s largest 5G networks and competitive consumer plans with no annual service contracts.”
Boost Mobile operates “on DISH Wireless L.L.C., a subsidiary of DISH Network Corporation (NASDAQ: DISH), and serves as its largest retail wireless brand.”
DISH, a nationwide U.S. wireless carrier, “continues to innovate in wireless, building America’s First Smart Network™.”
