According to the source, the FlipMoney mobile wallet is set to provide mobile cheque deposit and bill payment functionalities.
PreCash plans to add features to its mobile wallet over time. In 2012, it plans to support international bill payments and domestic prepaid top-ups. In 2013, it is set to support international money transfers, among other features, including person-to-person (P2P) payments.
PreCash was founded in 1998 and provides retailers, money service businesses (MSBs) and other companies with bill payment processing services, walk-in payments services, Visa prepaid card and MasterCard products and solutions and mobile financial solutions. In recent news, PreCash has expanded its bill payment service, enabling customers to make payments to more than 10,000 providers.
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