BROOKFIELD, Wis.– MovoCash, a California-based fintech, reported it is enhancing its customers’ on-demand banking experience with the addition of new money movement options enabled by Fiserv.
According to the company, MOVO is revolutionizing payments by empowering customers to deposit, pay, receive, save, send and spend money in seconds, as well as mint and convert cryptocurrency to U.S. dollars, all from their mobile phone. Via a self-contained ecosystem, MOVO delivers a comprehensive set of “digital cash” financial solutions on-demand, all in a contactless environment, Fiserv said.
“At MOVO, it is our mission to help connect everyone with secure, convenient and affordable digital banking solutions by providing them with a fast and easy way to access their funds on demand,” said Eric Solis, founder and CEO of MOVO. “Working with Fiserv allows us to offer card, payment and network solutions under one digital roof, which translates into intuitive, convenient, secure solutions for today’s mobile banking consumer.”
MOVO said it will enable a range of money movement options with solutions from Fiserv. These include the Accel debit payments network from Fiserv, which will facilitate increased portfolio profitability and growth while enabling funds access and payments transactions for customers in a matter of seconds, Fiserv stated.
37,000 ATMs
Customers will also have access to over 37,000 surcharge-free ATMs throughout the United States via MoneyPass from Fiserv.
“This will enable MOVO to offer customers the ability to access cash at ATMs with the benefit of avoiding surcharges,” Fiserv said.
“MOVO is shaping a reimagined and immersive financial services experience by delivering on-demand fintech solutions through the channels in which their customers prefer to interact,” said Himanshu Patel, head of Card Services at Fiserv.