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News in brief

Bank sends money to Facebook friends

News in brief

Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app. Recipients are notified of a payment via a post on their Facebook wall and must enter a six-digit code given to them by the sender to receive the money. Pay Anyone can also be used to transfer funds to anyone in a customer’s email or phone contacts list.

Filed by Email Rian Boden nfcworld.com Published • Last updated 14 May 2014, 11:58

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