Mobile Deposit: A cost effective way to capture more customers
Mobile deposit gives customers and businesses the freedom to deposit checks on their own schedules- anytime, anywhere. Through a custom branded application that integrates with your existing mobile banking solution, users can simply snap pictures of their checks and submit them for processing.
Why mobile deposit? With more than 260 million U.S. cellular subscribers mobile phones have become more pervasive than the internet and an increasingly popular way for financial institutions to interact with customers via mobile banking services.
Who uses mobile banking?
- 24% of consumers with mobile phones
- 28% of mobile banking customers use mobile deposit
- 65% of small businesses
- Customers with higher incomes, higher assets and higher deposits
Get your free custom report to see if mobile deposit is right for your financial institution