US Bank is to launch a mobile
platform for its AccelaPay Visa prepaid card programme in a bid to
form a ‘tighter-bond’ with its cardholders.
Using technology provider
FIS’ mobile banking platform, AccelaPay cardholders will be able to
use their handset to check their account balance, pay bills,
receive account alerts and view mini-statements.
US Bank chief innovation
officer for retail payment solutions Dominic Venturo said: “We are
pleased to introduce AccelaPay for mobile banking, the first
full-suite mobile banking solution with bill pay capabilities in
the prepaid marketplace.”
FIS Payment Solutions executive vice-president Frank
D’Angelo said: “By enabling this customer segment to conduct
financial services via their mobile phones, the financial
institution will benefit from strengthened relationships and
ultimately a stronger revenue stream.”
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By GlobalData