Select Mobile Money Express (SMMX)
Select Mobile Money-Express (or SMMX mobile platform), designed specifically for prepaid cards, is offered to banks of all sizes that would like to deploy a complete turnkey reloadable prepaid card program, comprised of the Select Mobile Money Prepaid Mastercard®, an integrated custom-branded mobile app, a web portal administrative dashboard along with program management.
Digiliti Money and Central Bank of Kansas City, Member FDIC, built this new end-to-end reloadable prepaid card program to provide an easier, more convenient way for financial institutions to offer general purpose reloadable (GPR) prepaid cards, as well as make card usage more engaging and convenient for its customers.
By offering this program, a financial institution improves its ability to serve the entire community—millennials, the unbanked and the underbanked. Every customer who qualifies for an account, can have an account, whether it is a traditional checking or a prepaid card. By offering this program, a financial institution visually and actively shows its commitment to the Community Reinvestment Act requirements.
Why it warrants an Innovative Solutions Award:
- SMMX provides powerful back-end tools that enable banks to segment their end users based on behavior, and then send relevant push notifications and in-app messages to keep them engaged.
- SMMX’s mobile app can be customized with corporate branding, a range of optional features, and a suite of tools that can help banks more easily manage their card programs and engage card users.
- Available for both iOS and Android mobile devices, the SMMX mobile app offers a variety of services that can help users better manage their prepaid cards and personal funds, including account management, transaction history, card-to-card transfer, check-to-card loading with an immediate “good funds” option, and other convenient services.
- The SMMX app also supports location-based technology that can pinpoint nearby reload locations and no-fee MoneyPass® ATMs, as well as a location-based retail discount network. Other features include fingerprint authentication and international money remittance.
*The Select Mobile Money Prepaid Mastercard is issued by Central Bank of Kansas City (CBKC), Member FDIC, under license from Mastercard International Incorporated. Deals, mobile coupons, remittance transfers and Ingo Money are third-party services and are not services of CBKC. CBKC is not affiliated with Access Development (Deals/Mobile Coupons), Viamericas (remittance transfers), First Century Bank or Ingo Money, and does not sponsor these offers. Mastercard is a registered trademark of Mastercard International Incorporated.