Thursday, May 26, 2011

Banks offer cash transfers via cell number, e-mail address

"It's late at night, you need to pay the babysitter, and you're short on cash. Do you: a) fumble for your checkbook, b) pay her in quarters from your change jar, or c) promise to pay her tomorrow, after you've stopped by an ATM?

In a few months, you may have another option. Three of the nation's largest banks have launched a program that will allow customers to use their computers or smartphones to make electronic payments to another person's checking account." Continue Reading >>

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