NEWS & ADVICE : PERSONAL LOAN
Citibank starts mobile banking solutions
By Vaibhav Aggarwal
Mar 16, 2009
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Foreign lender Citibank has launched its mobile banking solutions to ease the services for its customers. The bank has come out with Citi Mobile that will take care of the consumer's need for convenient, on-the-go banking with advanced mobile technology through mobile devices across most GSM operators.

Citi Mobile will enable the customers to handful of services including check account balances, send money, issue drafts, pay bills, make credit card payments, register for services like e-Statements, request for a cheque book, stop payments and others.

Moreover to make mobile banking at par with online banking, Citi Mobile can be easily downloaded onto a mobile phone. Citibank Banking or a Credit Card account, an active Internet PIN, a mobile number registered with the bank, a Java-enabled mobile phone with GPRS connection are all one needs to have an access to Citi Mobile.

Citi Mobile can be downloaded into the cell phone through the URL received by an SMS response of a message sent to 52484. Customers need to SMS MBANK followed by the last 4 digits of their Debit or Credit Card number to 52484 and they will receive a URL to download Citi Mobile.

The service was launched by Country Business Manager, Global Consumer Group, Citi India, N. Rajashekaran. Announcing the launch he said, "Citibank has always been a forerunner in putting technology to work for our customers. With Citi Mobile, we are happy to address our customers' emerging lifestyle needs and support them in accessing their money in a fast, convenient and secure manner through something they always have with them - their mobile phones. Given the recent growth trends in mobile phone usage in India, we expect this to grow into a significant channel for customer service and contact."

Citi is the leading global financial services company with presence in more than 140 countries. The firm has around 200 million customer accounts.

 


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