Innovative Service in Retail Banking ...

Innovative Service in Retail Banking on Mobile- Wireless Order/ Payment App

Posted in the Banking Forum

Anonymous

London, UK

#1 Mar 18, 2014
Guys, we have few ideas about improving and facilitating retail banking services innovatively via smartphone applications. we would extremely appreciate if you could share your thoughts and advice on the idea below. Could consider on the dimensions of how practicality, usefulness and attractiveness are the idea to you. We will contact and reward the ones who provide genuine and valuable feedback as this is a well-sponsored project.

Q1:
What do you think of an application that is aware of yours surroundings and automatically suggests places nearby where you can use automatic payments. You could add services such as coffee chains and fast-food restaurants to your favorite places list. In turn, those services would notify you when you are close by in order to allow you to order and pay before even going in the store. You could alternatively pay by tap-ing your phone to a payment pad once in the store. All funds would be connected to your bank account and completely secure (requiring pin numbers to use).

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