BillMo (short for Billetera Móvil) is a US based company that offers a low cost money transfer and mobile wallet application. The BillMo application allows US senders to send money to individuals in Mexico using just their smartphone and debit card, while turning the smartphones of Mexican beneficiaries into mobile wallets that can be used to receive funds, top up mobile phones, pay for retail purchases and common bills, and withdraw cash at thousands of locations across Mexico, including all BBVA Bancomer, BanCoppel, Elektra, Pagos Intermex and Telecomm locations. The cost for US smartphone senders to send money to Mexico is $0.99. For more information, visit www.billmo.com.