Not content with shaking up just one massive industry, the Uncarrier has set its sights on another: banking. T-Mobile on Wednesday announced a new program called Mobile Money that provides the company’s wireless subscribers with checking accounts that offer free activation, monthly maintenance and ATM withdrawals at any of the carrier’s 42,000 in-network partner ATMs. There is also no fee for replacing lost or stolen cards and no minimum balances required. The move closely follows T-Mobile’s “Uncarrier 4.0″ initiative, which offers to pay families who break their contracts with rival carriers and switch to T-Mobile. “We’ve already transformed how Americans use and pay for phones, tablets and wireless service; why stop there?” T-Mobile CEO John Legere said. “Millions of Americans pay
Forget the wireless industry, T-Mobile launches new attack on banking
22
Jan
2014
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