SelectCore Ltd. (the "Company") (TSX-V: SCG.V), a prepaid telecom and financial services transaction processor for the under-banked consumer market, is pleased to announce the launch of the Company's first mobile banking app for Iridium MasterCard.
The Company's first generation Blackberry app is available free of charge to registered Iridium Cardholders. The app is secure, easy to use and can be downloaded instantly from the cardholder's online account.
The new mobile banking app allows cardholders to conveniently:
- check their account balance
- view recent transaction history including purchases, loads and more
- money-share between other Iridium cardholders in real-time
- and more
The new Iridium app for Blackberry devices is the latest development in SelectCore's efforts to offer industry-leading technology that provides for a superior user experience. Cardholders can now conveniently manage their account and send money to other Iridium cardholders from anywhere in the world while on the go 24-hours-a-day, 7-days-a-week, 365-days-a-year.
SelectCore also intends to launch this mobile banking app for iPhone and Android devices.
In addition to the new smart-phone applications, Iridium cardholders are provided with other convenient account access tools including IVR, live agent support, online and SMS.
The next phase of the Company's mobile strategy is to introduce a complete 'mobile wallet' solution utilizing near-field communications (NFC) payment technology. As payment networks, processors and acquirers continue to deploy NFC technology and point-of-sale devices, Iridium customers will be able to use their mobile wallet instead of a traditional card to make purchases at millions of merchant locations worldwide.