USAA has launched a new feature ‘Deposit@Mobile’, allowing the elilgible banking members to deposit a check through iPhone. It has said that the feature is available on the company’s USAA Mobile App.
Reportedly, the eligible members can snap a photo of both sides of a signed check with their iPhone’s built-in camera, and then transmit the image to USAA through the phone. USAA systems will immediately verify the deposit information and signature to complete the transaction.
Wayne Peacock, executive vice president of enterprise business operations, USAA, said: “Our members are on-the-go and need to be able to manage their accounts at all times, from any location. Nearly 50 percent of our 1 million mobile users are active-duty military, who may be deployed anywhere. The convenience of mobile access is essential to delivering the highest possible level of customer service.”
USAA is a provider of financial planning, insurance, investments, and banking products to members of the US military and their families.
