Vodafone launches mobile banking

 

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By Martine Schroeder

Posted on 10 Jul 2007 at 11:59

Vodafone has agreed a deal with mobile banking service Monilink to allow customers with an internet-capable handset to access their bank accounts from their mobile phones.

The deal is one of several services Vodafone is putting in place to underpin its "Internet On Your Mobile" service, which allows access to fully-featured web sites.

This new service allows Vodafone customers who bank with various leading banks throughout the UK, such as HSBC and Alliance & Leicester, to check their balance, request a mini-statement and top-up their "pay as you talk" mobile phone balance.

"With the launch of the Vodafone Internet On Your Mobile we want to give customers access to all the services they see as essential. Banking is one of the most important services that our customers use and by partnering with the Monilink network we can ensure that all of our customers are able to access their bank accounts on the move, whenever they want," says Al Russell, head of Vodafone's mobile internet effort.

Customers can start mobile banking by registering their bank or building society account directly from their handset or via the Vodafone web page. After registration, customers connect to their account using a secure application and by entering a unique passcode given to them by their bank or building society.

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