zoompass — send and receive money on your cellphone

Recently I discovered  a great new alternative to EMT (email money transfer) and / or paypal for Canadian cellphone users.

You can send money and receive money to and from other Canadians using your cellphone with a service called Zoompass (http://www.zoompass.com).

It costs you nothing to receive money from other users. (The funds are deposited into your zoompass account; You can later transfer the funds from your Zoompass account into your bank account for a small fee of $0.50).

To send someone money, it only costs $0.50 (1/3 of the price of EMT – Email Money Transfer — Normally $1.50/transaction with most Canadian Banks).

You can use Zoompass with prepaid cellphone service too.

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