Thus, the bank’s mobile banking app allows customers to send money in the US using the recipients email address or mobile phone number. Recipients are then notified via email or text message that they have been sent money and can deposit the payment into their accounts through their banks Popmoney service or via a secure website.
BBVA Compass mobile banking upgrade also adds Mobile Deposit to its e-Business Checking account. The app update allows micro-business owners to make deposits into their accounts by endorsing and snapping pictures of cheques.
In addition, the banks Android app now includes Picture Bill Pay, which allows customers to pay bills and add payees by taking pictures of paper bills.
Pay People allows customers to retrieve balances, review transactions, view cheque images, transfer funds, send money, deposit cheques and manage bill payments. The free app also offers bilingual banking options.
In recent news, BBVA Compass has made available its Business Mobility Bundle, designed to help micro-businesses manage their finances on the go.
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