Money transaction applications are not something that is very new on the mobile phone platforms and MasterCard has always had money transfer apps on the Android, iOS and Symbian platforms the one platform that has been missing this app from a long time in the Blackberry. Today MasterCard (is an American multinational corporation. Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its “MasterCard” brand debit and credit cards to make purchases. MasterCard Worldwide has been a publicly traded company since 2006. Prior to its initial public offering, MasterCard Worldwide was a membership organization owned by the 25,000+ financial institutions that issue its card.) has eliminated the bias and launched a free app for Blackberry on the same lines.
Master card is world leader in banking applications and has been the same for a long-long time now. If you are a Blackberry user and have been using the same for banking transactions using other app like the one that is being provided by PayPal then you will have no problems in navigating with the app as both of the apps are working on the same line.
Before you get excited, do note that this service would be available in U.S. only. RIM’s recent tongue-in-cheek moment with the Indian Government will surely put services like these on the back seat. MasterCard Money Send app is already available for Apple’s iOS and Google’s Android platform. Rival PayPal service also has mobile apps for all three platforms – iOS, Android and BlackBerry. Money Send is PayPal-like person-to-person payment service. It is like a prepaid credit card that will allow transferring money from and to your account.
However, both the sender and the receiver must have the Money Send app and be a registered user of the service. If Money Send is available for the Indian market, several users wouldn’t mind forgetting their physical credit card at home. Unfortunately, at this moment, BlackBerry mail and messaging services are observing a 60 days grace period to come up with an access solution to make its encrypted data available in readable format.
The main features of the device include:
- Accept credit or debit card payments from anyone for free.
- Send money to family members. Sending fees apply.
- Pay for informal goods and services.
- Request money from people who owe you money.
- Simplify your business or non-profit collection effort using Request Funds feature
- View your Money Send transaction history from your mobile phone (BlackBerry, Android, iOS
MasterCard Money Send is a convenient way to transfer money from person to person in the U.S. using the power of your BlackBerry. Money Send works with debit, credit, and prepaid MasterCard cards issued by your bank.” MasterCard Money Send is available as a free download and should work on all devices.
So, get ready Blackberry users for more secure and faster money transfer coming your way. Get your Blackberry app and forget about the tensions of online money transfer for once and for all.