MasterCard MoneySend allows US users to send or request money via their BlackBerry devices through participating banks and credit unions or when they create a virtual prepaid account through Bancorp Bank, that is linked to an existing MasterCard payment card or checking account. The designated account funds the MoneySend transaction, and users can manage and trigger the exchanges through the app. Personal and financial information is never stored on the Blackberry.
Registered MoneySend participants will gain the ability to accept credit or debit card payments, send money to family members, pay for informal goods and services, request money as well as monitor their transaction history.
MasterCard’s MoneySend service is also available for iPhone and iPad users.
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