Mexico’s largest bank, BBVA
Bancomer, is aiming to sign up 80,000 customers within three months
of the January launch of its mobile banking service, Bancomer
Movil, and half a million clients by the end of 2010.

The m-banking service enables clients to check
account balances, transfer money between accounts and purchase
goods at retailers affiliated with the Nipper mobile payment
system.

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In a statement, BBVA Bancomer said the service
is being offered at no charge to customers and available on all
mobile phone networks.

Bancomer Movil augments the bank’s existing
distribution channels incorporating 1,800 branches, 6,100 ATMs (the
largest in the country), internet and telephone banking.

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