A new company that helps people with their finances has started offering mobile phone service, and it’s working in tandem with a major bank.
Boost Mobile, based in California, has partnered with major financial institutions and credit card companies in the United States and is also in talks with credit card processors.
Boost plans to provide the service in the coming months, and says it is looking to expand in areas such as education, healthcare, consumer financial products and consumer service.
Boost’s CEO, Jeremy Fong, says the service will allow people to pay off debts with a single phone call.
Boost also plans to expand its service in China and elsewhere in Asia, he says.
Boost started in the U.S. in 2012 and has since expanded to over 70 countries.
It has more than 30,000 customers and about 7,000 employees in the Bay Area.
Boost launched the service last year, when it was trying to build a mobile payment system for its customers.
The company partnered with two major credit card processing companies, First United and Visa, and said it had over 50,000 credit card transactions in March alone.
Boost said the service would work through a simple “call to action” to people who have had trouble making payments.
The call is delivered to a mobile phone with a QR code and the person must fill out a form on the phone with details of their account.
Then, the call is made and the customer is billed in a monthly invoice.
Fong said Boost was able to work with banks in the Philippines and Malaysia, as well as several banks in India, and to set up a network of people to make the payments.
Boost is looking at expanding into the education market, where its mobile phone app has been downloaded more than 2 million times, Fong said.
Fang said Boost is also working with a company in Japan, which is working on a mobile banking app.
Boost, which has more people than any other online banking provider, has been able to tap into the financial infrastructure in Asia because of its presence in China, which accounts for more than half of its customers, according to a recent report by Bloomberg.
Boost hopes to grow its mobile payments business by partnering with major credit cards processors, which can charge interest rates that are much lower than in the rest of the world.
Boost says it will charge no interest to people making payments through the service.