Point. Shoot. Transfer.
Mobile Photo Balance Transfer gives financial institutions an easy, engaging, cost-effective and “green” approach to acquire new credit card customers via the mobile channel.
The mobile approach is more cost-effective with higher response rates than traditional paper-based balance-transfer marketing programs. The mobile approach is also more convenient for your customers – by utilizing the camera of their smartphone or tablet, they simply snap a picture of their credit card statement coupon to complete the process.
Mobile Photo Balance Transfer securely and accurately processes the coupon data, allowing your financial institution to transfer the balance and acquire a new customer.
Benefits of Mobile Photo Balance Transfer
Mobile Photo Balance Transfer is a win-win for your financial institution and your customers.
- Convenient for your customers to transfer existing card balances anytime, anywhere
- Significantly reduces your new customer acquisition cost by eliminating paper and accelerating the process
- Target and acquire younger consumers. Usage of smartphone and tablets, especially by Millennial’s, ages 18-34, is growing at 30% annually.
- All captured images are securely delivered to Financial Institution’s systems – no images are stored on the mobile device
Leverages Mitek’s Mobile Imaging Platform
Mobile Balance Transfer, and the entire suite of Mitek Mobile Imaging solutions for Banking utilizes Mitek’s Enterprise-class, patented Mobile Imaging Platform.