PayToo has forged ahead of other competitors in the mobile wallet industry by launching PayToo Bill Payments, which will make payment of bills faster and more convenient.

“Our goal is to continue to be the world’s leading global mobile wallet solution in the market, providing value to our users through innovative, low-cost and convenient financial services,” said Michel Poignant, CEO of PayToo Corp. “I am pleased to introduce this new service into our portfolio and am excited about pursuing the launch of other services under the PayToo brand.”

The company has already combined mobile payment capabilities and telecom services onto a single platform. With PayToo Bill Payments, consumers will be able to pay hundreds of US billers directly from their Mobile Wallet Platform, including utility bills, mortgage or car payments, credit cards and cable bills. The PayToo account can be operated even if the user is traveling abroad or do not have a US bank account.

PayToo is offered as an advanced suite of services that will serve more than 50 million unbanked or underserved individuals in the US, and recently introduced a direct deposit feature into its PayToo Wallet service. Users can also leverage other current services offered by PayToo such as adding credit to their accounts, making worldwide real-time money transfers for free and redeeming funds securely at more than one million ATMs and PayToo locations.

PayToo is planning to launch its Cash Security Protection service for a low monthly fee, which will offer unbanked users access to emergency funds when required. PayToo has effectively eliminated the hassle of having a bank account for all payments with its payroll direct deposit.