Bank of America Launches Mobile Remote Deposit Capture
After years of anticipation, Bank of America has launched mobile remote deposit capture. Although they’re late to the game, they will be able to leverage their large installed user base. BofA also released a new mobile person-to-person feature.
Mobile remote deposit capture is free, which really puts a crimp in banks and credit unions that are charging a monthly or per item fee. Person-to-person transfers will range from $3-$12, depending on the delivery time. You can find more information here.
Screen shots are below:
Posted on August 7, 2012, in Bank of America, Mobile Banking and tagged Bank of America, Mobile Banking, Mobile RDC, P2P, person-to-person, Remote Deposti Capture, Transfers. Bookmark the permalink. 1 Comment.
$3-$12 dollars per transfer really? I would think that bank or business not using mobile commerce/remote deposit capture could possibly loose a lot of business or customers.