Ingo Money has retained Cachet Financial Solutions as its mobile imaging technology provider for its mobile check cashing Software Development Kit (SDK) platform serving prepaid card programme customers.
The Ingo Money SDK platform will allow prepaid card programme providers to extend mobile check cashing capabilities to their customers, enabling their prepaid cardholders to load check funds in minutes, irreversibly, to make purchases and pay bills.
It will also enable consumers to cash checks digitally and transfer the funds instantly to any bank account, prepaid card, credit card or PayPal account.
Cachet believes that the imaging services will improve customers experience and accessibility to check funds for Visa and MasterCard cardholders.
Ingo Money founder and CEO Drew Edwards said: "Cachet has played a valuable role over the last few years in helping Ingo Money make mobile check cashing faster, easier and more secure for our clients and their customers."
Cachet Financial Solutions president and CEO Jeffrey Mack said: "We value our relationship with Ingo Money and are proud of our successful collaboration in bringing the latest mobile imaging technology to bear to optimize the mobile deposit experience for Ingo Money’s clients and their prepaid cardholders."