The AllFi Wallet technology suite is a state of the art payment management system that was created to significantly reduce the costs of moving money to family and friends. AllFi Wallet has created a PayPal type mobile wallet account system that is equivalent to a virtual savings account. It has also integrated an add-on Prepaid Debit Card that is equivalent to a virtual checking account. By combining and integrating these two products, AllFi Wallet has built a very powerful mobile commerce product suite that has led to an extremely cost efficient money movement strategy within the U.S. as well as internationally.
A simple private label PayPal type of service where customers can load money via cash, credit card, US checking / savings account, and receive money from other mWallet users.
Customers can move funds off their account to any US checking / savings account, to other mWallet users, or move money to their AllFi Wallet Prepaid Debit Card or companion card. This mWallet account has NO monthly fees attached.
There are no monthly fees for the mWallet. This account can used as a holding account to move money to your Prepaid Debit Card account.
Customers can manage their account on the go using our private label iPhone App, Android App, WAP, and feature robust website.
Transfer funds onto a Mobile Wallet account from any other mWallet account holder for FREE and in real-time.
mWallet users can request funds from other mWallet users for FREE. No more paying 3% of your money to request money for payment of good and services.
AllFi Wallet has the ability to allow large and small merchants to integrate into simple APIs to allow their customers to use the AllFi Wallet "Pending Payments" Request funds functionality. Customers can use funds on their mobile wallet to pay for a merchant's products and services but with NO merchant costs and expensive chargebacks. This saves merchants 1.5% to 3% of their revenue and eliminates 2%-3% bad debt.
Transaction | Cost |
---|---|
Load funds from any U.S. checking/savings account | $1.00 per transaction |
Transfer funds to any U.S. checking/savings account | $1.00 per transaction |
Load funds from a credit card (limit of $250 per individual load) | 3% of transaction |
Transfer funds to/from one mWallet user to another | FREE |
Transfer funds to Prepaid Debit Card | FREE |
Request Funds / Micro Payments Merchant Processing | FREE |
AllFi Wallet has built an iPhone App, Android App, WAP, and online computer website to allow customers to manage their money. The Mobile Apps and the WAP site allow customers to untether themselves from their computer and securely manage their money remotely.