Banking on the go continues to be the norm as more and more financial institutions integrate the latest technology that consumers are demanding. Users log in an average of 3.7 times per week with an average session lasting 1 minute, 14 seconds. These times are up when compared to last years. Fifty-one percent of adults banked online last year, up from 46 percent in 2010, according to a 2013 study by Pew Research Center’s Internet & American Life Project. And 32 percent used their cell phones to perform financial transactions, up from 18% in 2011. Hard numbers reveal that Mobile Banking is a must have for credit union’s to stay competitive. Banking on the go is convenient and appeals to the younger members. Research shows that member numbers are increasing with more and more younger members joining credit unions. They are looking for credit unions offering the newest technology such as Mobile Banking that lets members bank on the go.
Sharetec’s Mobile Banking allows you to deposit your check from your phone simply by taking a picture of it and clicking send. It also allows you to make transfers from one account to another, pay bills and much more.