Alltel's Mobile Wallet with Payments Launches in 2009

Alltel teamed with mFoundry for it's Alltel Wallet, consolidated mobile banking, commerce and commerce platform. It includes many U.S. banks.

The platform has pre-built moudules for payments  and other features to allow for third party development.

"Recent research has shown that early adopter consumers are willing to switch mobile carriers to gain access to mobile payments solutions," said Drew Sievers, CEO and co-founder of mFoundry. "We are very pleased to team with Alltel in creating the Alltel Wallet and anticipate that this new application will help drive adoption of mobile financial solutions in the U.S."

The Alltel Wallet will launch in early 2009. Alltel Wireless recently launched Alltel Mobile Banking, a free service giving its customers mobile access to accounts from many of the nation's leading financial institutions. The Alltel Wallet will provide one-stop access to those financial institutions as well as access to many other payment services.