News from the Wire

PayToo Mobile Wallet adds bill payment

Tuesday, August 19, 2014 — 14:32:11 (EDT)

Fort Lauderdale, Fla., August 19, 2014 -- PAYTOO Mobile Wallet™ enhances its services once again providing the bill payment functionality on a nationwide coverage.

Now, everything is going to be mobile and more convenient for the consumer. PAYTOO Mobile Wallet™ is reaffirming its goal to provide the best financial services to the under or unbanked customers.

This new bill payment feature provides fast, secured and convenient online bill payment solutions. Customers have access to an easier way to pay their bills and will be able to manage their entire bill payment process online, from anywhere and at anytime.

The bill payment function with over 10,000 local and national billers is now available with the PAYTOO Mobile Wallet™ and offers anyone the possibility to pay a bill from his or her cell phone. The PAYTOO system is now fully completed offering services from direct deposit to bill payment, and in between, a full range of services to include top ups, virtual cards, gift cards, prepaid cards and more.

"More than 60 million of unbanked Americans need to pay their bills and PAYTOO offers a unique full mobile and affordable solution with the most complete catalogue of billers available on the market" said Javier Garcia Jimenez, Marketing Manager of PAYTOO.

PAYTOO Mobile Wallet™ confirms its position in the market and its goal to be the best alternative for the thousands of people forgotten by the banking system.

This service will be also available on the PAYTOO KIOSK, the new full payment center to be released at the Sunshine, Food, Beverage and Fuel Summit in Orlando in August 23rd, 2014.

About PAYTOO®:

PAYTOO™ is a brand of PAYTOO Corp., a US organization founded in 1999 which has offered mobile phone solutions, VoIP, prepaid cards, and secured e-commerce payment transaction solutions as early as 2004. After five years of development, PAYTOO launched the first mobile solution to combine telecommunications and payments into one single account. This global platform is called the PAYTOO Mobile Wallet™. This Mobile-Wallet is an electronic account and a substitute or alternative to a bank account in which consumers securely store their money and get to spend it, however and wherever they want, without the need of a bank account or prepaid debit card.

To learn more about the PAYTOO® secured account or the other mobile financial products offered by PAYTOO Corp., visit us at www.paytoo.com or follow us on Twitter @Paytoo.

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Source: Company press release.