Russia-based Mobile TeleSystems (MTS) has rolled out its latest mobile wallet that offers users an easy ‘one-click’ access to its financial services.
The new offering, MTS Money Wallet, combines all payments tools on one platform including electronic wallet, bank cards and customers' mobile account balances.
MTS customers will get an option to make payments and money transfers from the e-wallet through a smartphone or MTS website.
Users will be able to access the MTS Money Wallet through the iOS and Android apps or the MTS Money Wallet website dengi.mts.ru.
Available for both individuals and businesses, the service allows users to use its platform, where they can add payment cards to their wallet. Later customers can shop online and transfer funds from MTS Money Wallet without having to re-enter their bank details each time. The user-friendly interface also makes it quick and easy to check wallet balances.
All MTS Money Wallet users will be automatically enrolled onto the MTS Bonus programme, which offers loyalty points and access to exclusive offers and discounts.
MTS vice president for strategy and marketing Vasyl Latsanych said: “Today we are entering into a new era of mobile and financial services. We created the unified ecosystem, which would become a convenient, transparent, and secure alternative for cash and bank cards.
“The initial functions included in the service only mark the beginning of our journey. We will combine all possible payment solutions with leading loyalty programs. We believe that cash and cards will become redundant in near future. All we'll need for comfortable communications and financial management is a smartphone."