President's Choice Financial® services makes mobile cheque deposit available to customers
TORONTO, Nov. 19, 2014 /CNW/ - President's Choice Financial® services today announced the addition of a mobile cheque deposit feature, adding to its array of convenient services aimed at making banking simple and better for busy Canadians. The free service allows customers to safely and securely deposit cheques on-the-go through their mobile devices.
"As more and more Canadians use mobile devices in their everyday lives, we're committed to providing our customers with tools that add both value and convenience to their banking experience," said Barry Columb, President of President's Choice Bank. "For more than 16 years, PC Financial has offered Canadian families the convenience of banking where they shop for groceries, while also providing an opportunity to earn PC points redeemable for everyday rewards. With this new feature, we're helping free up more time for the things customers would rather be doing, while still offering great value and rewards."
Available on both Apple® and Android™ devices, the PC Financial® mobile cheque deposit feature is fast, easy and secure. Customers' financial information is not stored on mobile devices when using this feature and all wireless communications are securely encrypted.
To deposit a paper cheque online using a mobile device, customers need only follow these three simple steps:
- Select "Deposit" on your mobile banking application after securely logging in;
- Take a photo of the front and back of the cheque you wish to deposit, sign the back of it and then select the account you wish to use, along with the amount; and
- After submitting your deposit, await confirmation that your money is available!
Mobile cheque deposit is the latest in a series of initiatives for PC Financial® services aimed at simplifying the customer experience and providing added value and convenience. These efforts have led to President's Choice Financial® services being named #1 in the "Value for Money" category among all Canadian financial institutions as part of the 2014 Ipsos Best Banking Awards.
For more information, visit http://bit.ly/1uqEfs8 or call 1-888-723-8881.
Ipsos 2014 Best Banking Awards are based on ongoing quarterly Customer Service Index (CSI) survey results. Sample size for the total 2014 CSI program year ended with the August 2014 survey wave was 45,428 completed surveys yielding 68,738 financial institution ratings nationally.
About President's Choice Financial
President's Choice Financial® services are a unique financial service offering designed by Loblaw Companies Limited. President's Choice Bank provides the President's Choice Financial® MasterCard®, while the direct banking division of CIBC provides banking services. For more information visit www.pcfinancial.ca or follow us on Facebook, Twitter @pcfinancial and YouTube.
About Loblaw Companies Limited (TSX: L)
Loblaw Companies Limited is Canada's food and pharmacy leader, the nation's largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, banking, and wireless mobile products and services. With more than 2,300 corporate, franchised and Associate-owned locations, Loblaw, its franchisees, and Associate-owners employ approximately 192,000 full- and part-time employees, making it one of Canada's largest private sector employers. Loblaw's purpose - Live Life Well - puts first the needs and well-being of Canadians who make one billion transactions annually in the companies' stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,050 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at more than 1,250 Shoppers Drug Mart® and Pharmaprix® locations and more than 500 Loblaw locations; PC Financial® no-fee banking; affordable Joe Fresh® fashion and family apparel; and three of Canada's top consumer brands in Life Brand®, no name® and President's Choice®. Through the PC Plus™ and Shoppers Optimum® loyalty programs, more than one in every three Canadians are rewarded for shopping with the companies.
SOURCE: President's Choice Financial
For further information: Michelle Reidel, President's Choice Financial, 416-204-2600, ext. 411029, M: 647-309-3925, [email protected]; Joanne D'Souza, Argyle Communications, 416.968.7311 Ex. 236, [email protected]