Sprint subscribers can access their bank accounts and send payments via PayPal to friends and family with the carrier's MyMoneyManager application.

MyMoneyManager is an easy-to-use downloadable application that enables Sprint customers with BB&T, Citibank, IBC Bank and PNC Bank accounts to conduct banking functions right on their phones. They can check balances, pay bills and find nearby branches and ATMs.

"As Sprint customers grow more comfortable with using wireless data, there is a demand for services like MyMoneyManager and other tools that are relevant and useful for customers' daily lives," said Emmy Anderson, communications manager at Sprint.

"By providing these useful services, we can enhance the customer experience and show Sprint users the benefits of our Now Network: speed, ease of use and value to complete everyday tasks while they're on the go, when and where they want to," she said.

"With worry-free pricing like the $99 Simply Everything plan, Sprint customers can use these tools without worrying about the meter running."

MyMoneyManager also includes PayPal, making Sprint the first carrier to provide customers easy access to their PayPal accounts, allowing them to send money to almost anyone quickly via their phone.

MyMoneyManager is available at no additional charge to Sprint data subscribers, including those with the worry-free $99.99 Simply Everything Plan.

In the future, Sprint plans to preload MyMoneyManager on phones and include additional banks and other financial service providers.

MyMoneyManager uses mFoundry's mobile financial platform to enable full mobile banking, so customers can securely access account balances, view account transaction history, pay bills, transfer money and search for nearby ATM and branch locations.

Initially, Sprint customers with BB&T, Citibank, IBC Bank and PNC Bank accounts can conduct these banking functions.

Texas-based IBC Bank is offering the industry's first bilingual mobile banking application in both English and Spanish languages.

The PayPal Send Money feature on MyMoneyManager enables users to check their PayPal account balance and send money to almost anyone quickly and easily. PayPal is the leader in safe online payments with over 63 million active accounts in 190 markets around the world.

"There is currently no mobile advertising on MyMoneyManager," Ms. Anderson said. "By offering innovative applications at no additional charge to Sprint data subscribers, Sprint is encouraging customers to use mobile data in ways that are useful and relevant to them so they can experience the full power of the Now Network.

"With worry-free pricing like the $99 Simply Everything plan, Sprint customers can use these tools without worrying about the meter running," she said.