Retail

PostFinance launches banking app

Monday, September 6th, 2010

PostFinance has launched Switzerland’s first iPhone application for banking services that includes a payment function.

The application also features a search function for the nearest Postomats and up-to-date stock market information.

PostFinance has released the application today (September 6), which is free to download from the App Store.

It is the only application in Switzerland that allows users to transfer small amounts from one postal account to another. The sender registers directly in the iApp once for the payment function and can then transfer money quickly and easily by selecting the currency (euro or Swiss franc) and entering the beneficiary’s account number.

Once the beneficiary has also registered, the money can be sent to his mobile phone number. The amount is debited to the sender’s account in just a matter of minutes and credited to the beneficiary’s account.

For security reasons, the maximum amount is CHF 100 or EUR 66 per day. Up to CHF 400 can be used to top up one’s own talktime credit or that of a third party for prepaid mobile phones.

The finance app from PostFinance also includes an account balance and transaction function: users can call up their account balance in seconds and see if their salary has already been credited to their account.

The app is particularly useful for searching post office locations. Google Map shows Postomats, PostFinance branches and post offices, indicating the shortest route to them.

The PostFinance application also offers access to price information for 15 stock exchanges around the world.

Source: Swiss Post

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