Standard Bank has updated its banking app for smartphones, having originally launched its mobile app in June 2012.
It also follows the launch of a new banking app for tablets, in March, which the bank said, has 50,000 active users.
According to Vuyo Mpako, head of Innovation and channel design at Standard Bank, the new app enables customers to make payments to people without bank accounts, while also creating cash vouchers to be withdrawn without using a bank card.
The app incorporates the Standard Bank ID that was introduced with the tablet app; meaning that once you create your unique login (Standard Bank ID), it can be used on all devices.
The new app is initially available for iOS and Android devices. There are plans underway to release the app on more phone platforms based on customer demand. The existing Blackberry and Windows mobile banking apps continue to cater for users on those platforms, the bank said.
The iPhone version will be available in the App Store as an upgrade to the current Standard Bank mobile banking app.
Android users will be able to download the new app from the Google Play Store. It won’t automatically replace their current app, and they will therefore initially have both apps on their device.
“In the last few months, the response to innovations like the app for tablets, SnapScan and MasterPass has been increasingly positive – this is indicative of a market moving towards smart, intuitive banking solutions,” said Mpako.