Toss Your Checkbook, Grab Your Mobile Phone
April 3rd, 2007 MobileFreak
If you still carry around a checkbook, we here at MobileMammoth have only one question for you. Why?
Mobile Banking is Here
With the recent announcements of mobile banking services from Cingular Wireless and Citibank, you now have absolutely no valid reason to tote around an actual checkbook with actual paper checks.
Cingular announced major mobile banking partnerships with four large financial institutions last month, which included Wachovia, SunTrust, BancorpSouth, and Regions Financial. Citibank’s announcement yesterday offered a new mobile banking service, dubbed Citi Mobile. Citibank’s service, which will allow users to check balances, transfer funds, and pay bills, is currently available in select U.S. markets, including Southern California, and is scheduled to be rolled out to the rest of the country by late summer 2007.
Below is an excerpt from the Citi Mobile FAQ page:
What is Citi Mobile?
Citi MobileSM is a convenient, secure, and easy-to-use service that lets you do your day-to-day banking on your mobile phone. You can use it to pay bills, transfer money, see your balances and activity, find a Financial Center or ATM and connect directly to Customer Service—right from your cell phone.
Designed for customers on-the-go, Citi Mobile is the first downloadable mobile banking service offered by a major bank in the U.S. Citi Mobile has been designed to work on a wide range of phones across several U.S. wireless carriers. Citi will be actively adding more cell phone models over the next few months.
Balance Your iPhone
While neither of these services will let you pay for items using your cell phone, PDA, or iPhone mobile device just yet, it will. You already know that most stores in semi-metro areas will accept a debit/credit card for payment. Now if you’re wondering what your account balance is before you make that $300 debit, just fire up the new Citi Mobile app on your iPhone mobile phone. (What, you don’t have yours yet?)
Checkbooks are so 2002. Get with the program.
Editor’s note: We goofed! Our readers correctly pointed out that the Citi Mobile app does NOT work on the iPhone, as some of you have seen in the comments. We have corrected the mistake in the post. We are sorry for the confusion, and thank you again to our readers who helped correct that information for everyone!
Entry Filed under: Business, Cingular/AT&T, Tools
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As far as I know the iphone does not support citi mobile as of yet…
Irresponsible article. The iPhone is NOT supported by CitiBank.
It’s not supported in the iphone, In fact, at the time this article written Citi mbile was not and is not supported on the Blackjack phone that’s pictured in this article.