Mobile banking apps are paving the way for the future. We are slowly seeing banks integrate more features into their mobile banking apps, making it more accessible to clients, and allowing them to do even more than before.
In some cases, mobile banking apps really just let you do the bare minimum on your account. That normally included viewing accounts, transferring funds, and paying bills.
Slowly, banks began to upgrade their apps and introducing more features, such as allowing you to make email transfers, or even view/ cancel pending bills.
Needless to say, mobile banking apps are becoming more versatile, and it definitely makes banking much easier for everyone.
ING Direct Canada has a great mobile banking app for Canadians, it is by far one of the best around. With that in mind, I wanted to point out a feature ING Direct recently launched on their U.S. mobile banking app.
What is the new feature?
ING Direct has launched Bump Person2Person Payment technology for the iPhone, which allows U.S. customers to instantly and securely send money to one another through their iPhones.
ING Direct is the first U.S. bank to offer this bump enabled feature to chequing account customers.
How does Bump technology work?
With Bump technology, clients can send money to one another by simply entering the dollar amount onto IND Direct’s mobile Person2Person Payment feature, then bump their iPhones together to initiate an instant payment. This makes life much easier for many people; if you ever have to pay a friend back for a meal in the even you left your wallet at home, in a matter of seconds you can bump your iPhones together and you are done.
How I see it, if it is in the U.S., it will only be a matter of time before Canadians have this feature on their mobile app. The app is great because it makes sending money easy, and just a little bit entertaining.
It takes no time at all to do the transfer, and you know your friend would have received the money because it happens right in front of your eyes. I love how banks are taking on technology and embracing all it has to offer, giving clients innovative ways to incorporate it into their banking.
Personally, I cannot wait to see ING Direct Canada introduce this feature to the Canadian market, I do not see why they wouldn’t. They have the THRiVE chequing account out here, which has already pleased so many people who have been looking for a no fee chequing account. The requirements are all met, it is just a matter of time until we see a new update from ING Direct’s Canada mobile app.
What do you think of the Bump payment technology?