City National Bank of New Jersey and PayToo Corp. this week announced a partnership that will result in the launch of a mobile wallet for banked and unbanked consumers, according to a press release. 

As part of the strategic alliance, CNB will enable PayToo to market its products and services nationally under the PayToo brand. CNB customers will be able to perform all of their banking on the PayToo wallet, and also will be able to load a paycheck, topping-up cell phone time with 300 carriers, pay bills and transfer money person to person.

Wallet users will have access to the PayToo network of 200,000 locations, which include PayToo Generation II kiosks — PayToo's biometrically secured cardless ATM and multiservice centers. Additionally, customers will be able to withdraw money at any one of 55,000 surcharge-free ATMs CNB ATMs, the announcement said.

"We are proud and happy to partner with City National Bank; we share a mutual vision to offer all consumers, regardless of whether they are banked or unbanked, a safe and affordable financial solution," said PayToo CEO Michel Poignant. "This partnership marks a new chapter in the financial industry, and is the last piece of the puzzle to allow deployment of the PayToo mobile wallet nationwide."