News

Monzo launches a web option for 'Monzo Business'

Thursday 2 April 2020 14:30 CET | News

Monzo has announced the launch of ‘Monzo Business’ for web, which gives users the option to manage their business account on their computer or laptop.
The first version uses the same layout as Monzo Emergency which lets customers log into a basic view of their personal account if the phone was lost. According to the official press release, through the web app users can pay people, export statements, and see transaction history.

When it comes to account security the users go through a two-factor authentication using more than one device to prove their identity), sending notifications to mobile to be approved by the customer, and a link via email. Besides, the users will be asked to verify themselves in their app when making a payment, or after being inactive for more than five minutes.

Recently, UK-based challenger bank Monzo has launched business bank accounts after an extensive trial period over the last 12 months. 


More: Link


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: Monzo, Monzo Business, web, transactions, security, authentication, mobile app, UK, challenger bank
Categories: Banking & Fintech | Online & Mobile Banking
Countries: United Kingdom
This article is part of category

Banking & Fintech