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T-Mobile US says to expand into banking cards

T-Mobile US is stepping beyond cellphones and offering payment cards in the latest effort to differentiate its service from bigger rivals.

The No. 4 U.S. mobile provider said it is offering a Visa card with banking features and a smartphone money management application with reduced-fee or zero-cost services for T-Mobile wireless customers.

The company, which has gained attention with promises of more flexible and cheaper cellphone services, is hoping to attract a similar following in personal finance.

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