U.S. Bank is releasing a new mobile app designed for the Windows Phone 8 operating system. The release of a mobile banking app on the Windows Phone platform means that U.S. Bank can now serve customers who choose any major mobile phone, having previously released apps for Android, iPhone, and Blackberry. The app can be downloaded for free from the Windows Phone Store. Click here for more information.
Associated Bank’s Pogo application allows business customers to accept credit card and signature debit payments with their smartphone or tablet using the free card reader. There is a monthly service charge of $5.95, and a $0.15 per item fee. The interchange rate ranges from 2.69% to 3.69% for swiped and key entered transactions. Click here for more information.
BMO Harris launched a free native mobile application for iPhone and Google Android devices. Harris Bank’s retail customers can now check account balances, transfer funds, locate branches, pay bills, and use remote check deposit. The account must be open for 90 days to be eligible for the remote deposit feature, which has a daily deposit limit of $2,500 and $5,000 over 10 business days.
ING Direct’s new mobile check deposit service, CheckMate, is free and available to any ING Direct customer with an Orange Savings or Electric Orange Checking account. CheckMate provides two methods of deposit, an online image upload option and a mobile banking application for iOS and Android devices. CheckMate imposes limits of $3,000 deposited per check, $5,000 deposited per day, and 20 checks deposited per day. Click here for more information.
PayPal announced the launch of PayPal Here, a mobile payments solution that allows small businesses to process credit and debit card payments and send invoices. The new service includes a free app and fully encrypted thumb-sized card reader, compatible with any iPhone, and soon Android smartphones. PayPal Here offers a competitive fee structure with no monthly account or set-up fees; merchants pay a simple flat rate of 2.7% for card swipes and PayPal payments. PayPal Here is currently available to select merchants and will be available to the general public next month. Click here for more information.
J.P. Morgan Cash Management clients in the Asia Pacific now have the ability to view balance and transaction information at any time via their smartphones and tablets. The JPMorgan ACCESS Mobile banking platform offers a wide range of features including, the ability to view multicurrency cash balances, a Quick Decision feature to project cash positioning at hand, transaction detail viewing, and alerts for JP Morgan ACCESS and third-party bank accounts. Click here for more information.