İşbank initiates P2P money transfers via iMessage

Turkey's İşbank has launched P2P money transfer via iMessage as an embedded option in its popular İşCep mobile banking app.

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İşbank initiates P2P money transfers via iMessage

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Once activated, the İşCep iMessage extension appears in the app's 'Settings' menu, enabling users to send cash to friends through the messaging service from a pre-defined account.

The maximum transaction ceiling is set at €75, although it can also be restricted in accordance with the user’s daily money transfer limit.

Dutch bank ING has just launched a similar service through a separate mobile app so that customers can receive and send money without having to log into the ING Mobile Banking app.

Funds transfer via mobile messaging applications is fast becoming a must-have feature for banks worldwide, with new applications coming thick and fast as tech giants like Apple and Facebook open up their platforms for third party developed app extensions.

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