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The Pittsburgh bank announced Monday it is using invoicing services from Bill.com, enabling it to turbocharge the cash flow tools it offers small businesses. PNC's investment is part of a nascent trend of banks stepping up their digital offerings for the customer segment.
February 24 -
Capital One has acquired and partnered with a series of technology companies and is now starting to build digital services that hinge on the new tech. One such pilot lets small business owners distribute discounts to nearby shoppers' smartphones for a fee.
February 7 -
Bank of America introduced its own mobile payment dongle for merchants in early November, shifting the war to enable handsets to accept payments into high gear. Who's next?
December 1 -
A free Samsung tablet, no monthly fee, a card reader and transaction limits make up an offering the bank hopes will increase wallet share and profitability.
August 7
PNC Financial Services is the latest bank to market a tool for its merchants that lets them accept payments on their mobile devices.
First Data Corp. sells Pogo to banks.
At launch, PNC promoted other Pogo perks like next-day access to funds when a PNC bank account is connected, the ability to send customers digital receipts and access to 24/7 customer support.
Capital One, Bank of America, BBVA Compass and others also market mobile readers to their merchant customers.
Separately,