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TIM Launches Virtual Prepaid Mastercard for Mobile Banking

TIM Launches Virtual Prepaid Mastercard for Mobile Banking Image Credit: TIM

Telecom Italia (TIM)'s newly launched electronic money solution co-developed by Italian bank Sella Group, TIMpersonal allows TIM mobile customers to request a virtual prepaid Mastercard card via the dedicated App.

The App allows to check bank balances, make peer to peer payments, pay via smartphone  in the affiliated stores, and also make telephone top-ups.  Customers can also request a “physical” card to use for purchases in contactless mode and withdraw free of charge from any ATM in the world. 

The TIMpersonal card “powered by Hype” is the only prepaid card that allows the debit of TIM mobile offers and the Automatic Top-up service. In fact, customers can top up using another credit card or bank transfer and, for maximum security, can choose when to pause or reactivate it instantly from the App, or temporarily limit shopping - online or in physical shops - or disable cash withdrawals from ATMs. TIM also includes 1Gb of data traffic every month for the first year for those who use  TIMpersonal App to manage their card.

With TIMpersonal, the smartphone becomes a tool to enable the digital life in the Gigabit Society: it offers TIM customers a set of advanced and increasingly personalized services for a user experience based on a single, simple and immediate interface, to use their phone credit to buy tickets for public transport, parking, access limited traffic areas or recharge electric cars in many Italian cities.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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