Commonwealth to launch banking by mobile phone
Commonwealth Bank is preparing to launch a mobile phone banking service which is already available to netbank customers at http://mobile.netbank.com.au/. The service gives customers access to account balance and recent transaction data, as well as a GPS ATM and branch locator. Customers will be able to make bank account transfers using their mobile phone by March next year. Netbank customers who are registered for SMS or token-based security can use the service immediately while others must register to gain access.
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