OLB Group announces the market launch of two wireless phone provider resellers to the unbanked sector. Black Wireless, an AT&T-compatible prepaid phone service reseller, and Mango Mobile, a T-Mobile-compatible prepaid phone service, was “soft launched” to validate the market demand and the signup authentication process before this national market launch. The two cell phone service provider networks target the rapidly growing unbanked and budget-savvy consumer sector. The subsidiary, Black Wireless, utilizes both an eSIM and physical SIM delivery to customers. An eSIM is a virtual SIM card that is downloaded directly into the customer’s phone. The customer can download the eSIM immediately and be activated within minutes. With the newer eSIM-compatible phones, a customer can use twenty separate phone lines on the same device.
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