The Danske Mobilbank App Lets You Pay Bills Simply by Snapping a Photo
Michael Hines — March 21, 2011 — Tech
References: danskebank.se & springwise
Online banking just got a whole lot easier for Danes thanks to the Danske Mobilbank App. The Danske Mobilbank App is an innovative new application that lets you take a picture of a bill to pay it.
The Danske Mobilbank App lets users pay their bills simply by taking a picture of the relevant part of the bill (account number, amount owed) and clicking "Pay." The app saves time that would otherwise be spent entering account numbers, amount owed, which account to pull the money from and so on.
I hardly ever pay bills online and even I am excited about this app. The app is currently available for Android phones and most Apple gadgets, and can even be used by people who aren't members of Danske Bank, albeit in a watered-down form.
The Danske Mobilbank App lets users pay their bills simply by taking a picture of the relevant part of the bill (account number, amount owed) and clicking "Pay." The app saves time that would otherwise be spent entering account numbers, amount owed, which account to pull the money from and so on.
I hardly ever pay bills online and even I am excited about this app. The app is currently available for Android phones and most Apple gadgets, and can even be used by people who aren't members of Danske Bank, albeit in a watered-down form.
Trend Themes
1. Photographic Bill Payments - Using images of bills to enable online payments creates an opportunity for financial institutions to simplify the user experience for customers.
2. Mobile Banking Applications - Enabling bill payments through mobile banking apps affords banks the opportunity to increase customer satisfaction by offering greater convenience and ease of use.
3. Streamlined Online Payments - Incorporating bill payment features that automate inputting data creates an opportunity for companies to offer more efficient and user-friendly payment experiences.
Industry Implications
1. Banking and Financial Services - Financial institutions can streamline the bill payment experience and differentiate themselves in an increasingly digital market.
2. Mobile Technology - With a growing number of people relying on mobile devices for financial transactions, innovations in mobile banking applications are crucial for convenience and customer satisfaction.
3. Fintech - As fintech companies continue to disrupt traditional banking services, photobill payments offer a unique opportunity for new entrants to gain market share in the industry.
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