HOUSTON--(EON: Enhanced Online News)--PreCash and Cachet Financial Solutions announced today that Evolve Money™, a fast, easy and free way to pay bills through smartphones is now available to Cricket Wireless customers. Evolve Money offers bill payment to more than 10,000 billers, including free instant bill pay for Cricket service. The new service is the easiest and least expensive way to expedite last-minute payments for these customers.
“Cricket is committed to offering our customers greater flexibility, affordability and reliability, and the availability of Evolve Money supports that mission by giving our customers an option to pay their bills anywhere and anytime from their mobile devices”
Evolve Money is a bill payment service provided by PreCash and Cricket is the first consumer brand to offer the service directly to its customers. Evolve Money comes pre-installed as an app on select Cricket AndroidTM devices. The app is also available for free download from Google Play and is available for use on any computer, tablet or smartphone at www.evolvemoney.com.
“Currently more than half of Americans have smartphones, and the number continues to grow,” added Steve Taylor, president and CEO of PreCash. “Cricket recognizes the importance of mobile commerce and specifically the significance of bill payments in people’s lives. For most people, paying bills is half of their monthly budget. Now with Evolve Money, Cricket can offer their customers a better way to pay bills using the device they carry with them everywhere they go.”
“Cricket is committed to offering our customers greater flexibility, affordability and reliability, and the availability of Evolve Money supports that mission by giving our customers an option to pay their bills anywhere and anytime from their mobile devices,” said Larry Atwell, director, value added services at Cricket.
Evolve Money is the first and only service that offers cash-paying consumers a comprehensive way to pay bills online or with a mobile device. It allows customers to use REloadittm Packs or Evolve Pay Buckstm to load cash, similar to using a gift card online. Soon it will allow users to pay with Visa®, MasterCard® and Discover® debit cards and prepaid cards.
Evolve Money features include:
- More than 10,000 bill payments including utilities, cable, insurance, internet and more
- Instant payments for Cricket Wireless service
- All billing information saved in one place for fast, easy access month after month
- Bill payment history to track payments
- Payment status notifies users when bills are paid
- Free standard bill payments that get paid in two days or less
- The ability to rush a payment for only $1.50, the lowest cost expedited payment fee available anywhere
“Evolve Money offers Cricket customers unmatched speed and convenience,” adds Taylor. “Other bill pay services take anywhere from two to five days for a bill to be paid. Alternatively, they charge excessive fees if the user wants faster service – up to $25 in some cases. Cricket customers now have greater flexibility and choice when paying their bills.”
Users of Evolve Money will also have the ability to upgrade to the Evolve Wallet, which is based on technology developed by PreCash and Cachet. Evolve Wallet comes with a prepaid debit card and additional financial services, including purchasing, instant check fund-to-card loading, cash withdrawals from ATMs, person-to-person payments, bill pay, and more.
“At Cachet, we have witnessed the rapid changes that smartphones and mobile technology have brought to financial services,” said Jeffrey Mack, President and CEO at Cachet Financial Solutions. “Through this partnership, Cricket is able to capitalize on these trends. Combining mobile bill pay and remote deposit technologies is a smart way for innovative companies, like Cricket, to get a bigger share of the consumer wallet while vying for a position in the emerging mobile payments market.”
About PreCash, Inc.
PreCash improves lives and business through payments. PreCash offers comprehensive, fast, easy and low-cost payments services for retailers, financial institutions, businesses and consumers. With its robust bill payment platform, extensive licensing and stored value resources, PreCash offers a breadth of solutions anywhere people and businesses access financial services. Whether walk-in bill payments; processing services for money transmission and prepaid access; mobile and online bill payments; expedited bill payment processing; or Visa®, MasterCard® and Discover® prepaid services, PreCash helps businesses generate revenue and build stronger bonds with consumers. To learn more visit www.precash.com or follow us on Twitter or LinkedIn.
About Cachet Financial Solutions
Cachet Financial Solutions is a leading financial services technology company, specializing in commercial and consumer remote deposit capture (RDC) solutions for financial institutions, credit unions, and financial service organizations. RDC Select™, our industry-leading platform has been designed to simplify the process for delivering, implementing, and servicing RDC. We’ve eliminated the need for our clients to build and manage their own RDC business. Cachet’s merchant capture solution (for both PC and Mac) and mobile application provide greater freedom and flexibility for financial institutions and their customers. Cachet’s sophisticated marketing strategy and professional sales training program ensures our customers success with their RDC initiatives. Let us help you Unleash the Power of RDC! ™ For more information call 877.318.4449 or visit www.cachetfinancial.com.