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MasterCard launches MoneySend for BlackBerry smartphones
PURCHASE, N.Y. (9/10/10)--MasterCard announced that MoneySend is available for BlackBerry smartphones, so users can transfer money in the U.S. from person to person through financial institutions including credit unions. MoneySend, available for free download on BlackBerry App World, allows users to send or request money with their BlackBerry smartphones through participating credit unions and banks, or when they create a virtual prepaid account through Bancorp Bank. Users can link their debit or credit cards, or checking account to a prepaid account and send money through the smartphone. The account funds the transaction. Users can manage and trigger the exchanges through the application. Personal financial information is never stored on the BlackBerry, MasterCard said. MoneySend users can accept credit or debit card payments, send money to family members, pay for goods and services, request money from people who owe users and send a transaction history from a Blackberry. Jack Henry also has introduced a standalone version of iPay--TheWayiPay, which allows users the ability to send and receive money online. (SEE RELATED: Jack Henry announces TheWayiPay).


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