Citi And Obopay To Pilot Mobile Payments Service

Citi has made an agreement with Obopay, Inc. to pilot a real time Person to Person mobile payments service later this year. The service will be offered to new and existing Citi credit and debit card customers. Further details, including

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Citi has made an agreement with Obopay, Inc. to pilot a real-time Person-to-Person mobile payments service later this year. The service will be offered to new and existing Citi credit and debit card customers. Further details, including cities for the consumer pilot, are to be confirmed and announced at a later time.

The new Citi-Obopay Mobile Person-to-Person service will allow pilot participants to easily and securely send and receive money instantly via any mobile phone. Participants will be able to remotely track and manage their mobile payment accounts by checking balances, viewing payment histories, and adding funds directly from their mobile phone. Funds received via the Citi-Obopay Mobile Person-to-Person service can also be accessed with a debit card provided with the service.

“Citi’s commitment is to put clients first. We are working with Obopay on this pilot to continue to meet our customers’ needs to access their money the way many increasingly prefer, through their mobile phones, in a fast, convenient, and secure manner,” says Amy Radin, the Chief Innovation Officer of the Global Consumer Group at Citi.

“Together, Citi and Obopay are making it easier for consumers to instantly send, spend and get cash when it’s needed most,” adds Carol L. Realini, the CEO of Obopay. “We’re proud to be working with Citi to offer their customers a convenient and secure mobile payments solution that supports their mobile lifestyle.”

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