MTS Launches MTS Money Wallet, Unique Service to Combine All Payment Solutions

Russia-based telecommunications provider Mobile TeleSystems PJSC (NYSE: MBT; MOEX: MTSS) has launched MTS Money Wallet, enabling users to get an easy “one-click” access to MTS´s financial services and be rewarded with bonuses and loyalty points, the company said.

The new service combines all payments tools on one platform – electronic wallet, bank cards, and customers´ mobile account balances. Not just a payment system, MTS Money Wallet is a hub for all of MTS´s financial services.

MTS clients got an option to make payments and money transfers from the e-wallet through a smartphone or MTS website. There is no need to open a bank account or issue a bank card. Users are able to access the MTS Money Wallet through the iOS and Android apps or the MTS Money Wallet website. The service is available for both individuals and businesses.

All MTS Money Wallet users are automatically enrolled onto the MTS Bonus program, which offers loyalty points and access to exclusive offers and discounts.

The service will be updated every month taking into account feedback from customers.