Barclays has extended its mobile cheque imaging service to its customers with android phones and iPads.
The service, which was launched in 2014, allows customers to make cheque payments by taking a photograph of it on their smartphones.
Go deeper with GlobalData
According to Barclays, nearly £750,000 has been deposited by its 30,000 customers who have signed up to the mobile cheque imaging tool on their iPhones.
"The latest roll-out will see this number rise yet higher as more customers are able to benefit from the speed and ease of this time-saving technology," the bank said in a statement.
Available through the Barclays Mobile Banking app, the service allows customers to pay in a Barclays cheque of up to £500 within minutes of receiving it.
The technology allows a retail customers’ cheque of up to £500 to be cleared in just two days, rather than the six days the normal cheque takes at present.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataCorporate clients can also avail the service, but they will have to wait for the standard six-day clearing period to make sure that the cheque will not bounce.
Barclays personal and corporate banking CEO Ashok Vaswani said: "Our customers have welcomed this convenient new way of depositing one of the oldest forms of payment, which is why extending to android phones is an important step forward in giving all customers the ability to pay in cheques using their mobile devices."
