10 Jul '12, 1am

From miyagi.sg: UOB Mobile App lets you send cash to people #uobmobilecash

From miyagi.sg: UOB Mobile App lets you send cash to people #uobmobilecash

Quite a while ago myself and a bunch of peo­ple were treated to a pre­view of UOB ’s mobile bank­ing app . Most banks in Sin­ga­pore have adopted mobile bank­ing in one way or another. (There are some banks which still haven’t grasped this, or are unable to — and their idea of mobile bank­ing is to make sure you are mobile enough to run from branch to branch). UOB ’s great bell and whis­tle is to enable users to send cold hard cash to other peo­ple, even if they’re not UOB cus­tomers, and even if they don’t have an ATM card. The recip­i­ent has to have his/her IC No. reg­is­tered in your list of trans­fer­ees on your inter­net bank­ing first, so you can’t add some­one on the fly and send them money. This puts paid to my main con­cern that loan sharks and other unde­sir­able peo­ple might use this to their advantage. The one sce­nario where send­ing cash could be really use...

Full article: http://miyagi.sg/2012/07/uob-mobile-app-lets-you-send-cas...

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