ANZ launches goMoney
(02 September 2010 – Australia) Australian and New Zealand Banking Group (ANZ) have announced the launch of an iPhone application that will allow users to transfer funds to anyone with a mobile phone, free of charge.
The new application, goMoney, will also allow access to real-time account balances and 30 day transaction history.
The bank has done away with the traditional username and password, opting for an equally secure four digit pin number.
Users will be able to send up to A$1000 per day to recipients by selecting their number from the contacts list to make the payment.
If the recipient is not a goMoney user, they can retrieve their funds from a secure ANZ Bank website.
Payees will be notified of the transfer via SMS and given a unique PIN by the sender.
Neither party is charged for the transaction.
Simplicity in design and usability were the main tenets when developing the app, according to Peter Dalton, ANZ group general manager for innovation.
ANZ customers were interested in mobile banking but didn't want a repurposed and often bloated website on their smartphones.
Customers told us that they just didn't want the internet on their phones, Mr Dalton said.
The bank has done away with the traditional username and password, opting for an equally secure four digit pin number.
Users will be able to send up to A$1000 per day to recipients by selecting their number from the contacts list to make the payment.
If the recipient is not a goMoney user, they can retrieve their funds from a secure ANZ Bank website.
Payees will be notified of the transfer via SMS and given a unique PIN by the sender.
Neither party is charged for the transaction.
Simplicity in design and usability were the main tenets when developing the app, according to Peter Dalton, ANZ group general manager for innovation.
ANZ customers were interested in mobile banking but didn't want a repurposed and often bloated website on their smartphones.
Customers told us that they just didn't want the internet on their phones, Mr Dalton said.
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