According to the source, ING Direct USA customers are expected be able to transfer payments with the tap of their mobile phones, without using any account number. For the technology of service, ING Direct has teamed up with Bump Technologies, a startup active in the business of mobile applications and APIs.
As a result, the source reports that ING Direct USA has incorporated contactless person-to-person (P2P) capabilities to its iPhone app, based on technology provided by Bump Technologies, thus offering customers the option to pay by proximity.
Moreover, the source indicates that both participants in an ING Direct Bump transaction need to have ING Electric Orange online checking accounts to be able to access the new capability. As part of future developments, ING Direct plans to allow account holders to use the new feature with friends who have accounts at other banks.
In recent news , US multinational conglomerate corporation General Electric (GE) has reportedly expressed interest in buying the US online bank unit from ING, media outlet bloomberg.com reports.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now