Allied Irish Bank launches P2P mobile money transfer service

Monday 27 January 2014 08:17 CET | News

Financial services provider Allied Irish Bank (AIB) has launched a P2P service which allows customers to send money by smartphone to anyone with a mobile phone.

The recipient does not have to bank with AIB, but is required to have a EUR personal Visa card. All the user needs to know is the recipient’s mobile phone number.

Once registered for the service on AIB Internet Banking, users log into Me2U and select the recipient’s mobile number from their contacts list, key in the amount they wish to transfer and send. The money is then moved between the sender’s card and the recipient’s Visa card.

In April 2013, Allied Irish Bank opened a digital banking store in Ireland, aimed at developing its customers’ use of online services.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Allied Irish Bank, AIB, P2P, mobile money transfer, money transfer, Visa, Ireland
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce