30 April 2017
visit http://events.sap.com/gb/fsi-forum-2017/en/home

OCBC introduces 'scan and pay' Android app

30 March 2011  |  9610 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)

Finextra news in your inbox

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

Related stories

Google Android gets NFC

Google Android gets NFC

16 November 2010  |  14772 views  |  0 comments
USAA launches iPhone cheque deposit app

USAA launches iPhone cheque deposit app

11 August 2009  |  12618 views  |  0 comments
OCBC awards trade processing business to JPMorgan

OCBC awards trade processing business to JPMorgan

21 August 2007  |  5135 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit dh.comvisit vasco.com/news/PSD2-compliant-solutionsVisit capgemini.com

Top topics

Most viewed Most shared
Six global banks join Swift DLT trialsSix global banks join Swift DLT trials
8088 views comments | 17 tweets | 36 linkedin
JPMorgan formally quits R3JPMorgan formally quits R3
7843 views comments | 27 tweets | 16 linkedin
BBVA steps up fintech acquisition strategy with purchase of OpenpayBBVA steps up fintech acquisition strategy...
7348 views comments | 17 tweets | 17 linkedin
Should central banks open up payment and settlement systems to non-banks?Should central banks open up payment and s...
6388 views comments | 22 tweets | 21 linkedin
Token raises $15.7 million as PSD2 approachesToken raises $15.7 million as PSD2 approac...
6039 views comments | 20 tweets | 20 linkedin

Featured job

to 120K base, £300K ote, stock options
London, UK

Find your next job