Business | Banking

Mashreq says mobile banking service permits access anytime

Customers can register by downloading application to their phones.

  • Staff Report
  • Published: 00:11 November 11, 2008
  • Gulf News

Dubai: Mashreq on Monday premiered its mobile banking service and said it hopes to provide customers secure and fully transactional access to their bank accounts through their mobile phones 24/7 from any GPRS, 3G or wireless (Wi-Fi) network anywhere in the world.

The new service is being touted as a secure, user-friendly solution to an emerging demand for managing and tracking finances around the clock. Services include full access to the details and transactions of personal bank accounts, as well as the facility to make credit card and utility bill payments and transfer funds instantly.

Douglas Beckett, head of retail banking at Mashreq, said: "Mobile banking is emerging as a key service for customers who expect their bank to be available to them anytime, anywhere, and globally. We are enabling six million users across the UAE who have mobile phones to connect with their bank account in a more convenient way than any of our competitors."

Signing up for Mashreq Mobile Banking is simple and straightforward. All that is required is a Mashreq account, access to online banking, and a mobile phone with an Etisalat or Du subscription. Users will be able to register for the service through MashreqOnline by downloading the mobile banking application to their phones; the process is quick and easy to follow.

Charges

Once installed, the customer is free to use the service at their own convenience, completely free of charges from the bank. The only cost is the normal call cost by the network operators.

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