Wells Fargo has announced Wells Fargo Mobile service: text banking. This is in addition to browser based that the bank already offers. The service enables users to connect their Wells Fargo accounts through a mobile phone, through text messaging. The feature has been designed to help users get access to many of the bank’s services by using a simple text messages. Balance enquiry, for instance can be accessedd by sending ‘bal’ as an SMS to the banks short code number. The service is so simple that any phone with SMS capability can reach the bank using the phone. There are some six simple services that can be reached using this service and making this simple is the ‘help’ feature, that will SMS back with instructions on how to use the service, a nice feature that will allow people who do not use the service regularly to still remember and access specific areas that need to reach. Another feature that simplifies the whole things is the fact that there is no need to remember additional usernames and passwords, as it requires only an online banking registration. Read more from the FAQ section of the Wells Fargo site. While on the business of mobile banking, Visa is offering a card to card money transfer facility via the mobile phone in India using mCheck. Read the Visa Press release.
Filed under: E Payments, Finance
