10 February 2016

OCBC introduces 'scan and pay' Android app

30 March 2011  |  9057 views  |  0 barcode

Singapore's Oversea-Chinese Banking Corporation (OCBC) has unveiled an Android application that lets users scan barcodes to obtain billing details and make payments from their accounts.

The bank says its 'scan and pay' feature is a first for Singapore, enabling customers to use their Android handset camera to scan barcodes on bills instead of keying in invoice numbers. Biller details can be stored on the phone for future payments.

SingTel, StarHub, M1 and Singapore Power are among the major billing organisations covered by the system, with more being added.

The app also lets users view bank account transactions and balances, track credit card payments, transfer funds and locate ATMs and branches.

Pranav Seth, head, e-business, global consumer financial services, OCBC, says: "Recognising that our customers' expectations grow in tandem with what technology can offer, we are constantly evolving our banking channels with the latest technology and design innovations to deliver fast, simple and convenient services."

The banks has been offering mobile banking services for five years. It says demand for the channel is surging - tripling the volume of downloads for the past year and doubling the customer base annually.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

16 November, 2010
11 August, 2009
21 August, 2007

Related company news

 

Top topics

Most viewed Most shared
Fintech rising: Resistance is futile, says...
12093 views comments | 52 tweets | 45 linkedin
Digital transformation driving earnings at...
10837 views comments | 49 tweets | 45 linkedin
UK sets out open banking API framework
9812 views comments | 73 tweets | 69 linkedin
Visa opens up to developers
8885 views comments | 24 tweets | 41 linkedin
European mobile banking service Pocopay go...
7510 views comments | 24 tweets | 14 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job