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October 04, 2018

What Works for You in the New Age of Mobile Banking?

Woman doing a remote check deposit

Bernadette Macko, Corporate Cash Management Director, Provident Bank

Christina Farmer, Communications Coordinator, Provident Bank

 

You may be where your bank is, but you really need to be where your business is. Do you use Mobile Banking for Business? Start making deposits and handling your business from wherever you are.

Small businesses can benefit from the low-cost conveniences of mobile banking with mobile remote deposit capture (mRDC). Use your mobile banking app to avoid the mundane chore of standing in line at the bank to deposit a check.  This feature provides a simple way to receive your funds sooner - from wherever your business takes you.

How Can I Use Mobile Banking for Business?

If you’re a small business, use mobile banking to reduce the number of in-person check deposits with mobile remote deposit capture.   Take a picture of a check, rather than driving to the bank to make a deposit.  This can go a long way when you’re busy and time is short.

You can also use mobile banking to check account balances, transfer funds, view recent transactions, pay bills, and more!

How to determine whether Mobile Check Deposit or Traditional Remote Deposit Capture is right for your business.

Once you’ve recognized the value of making a check deposit remotely, you will want to consider the tools available and determine which is best for your business. If you typically deposit a small number of checks and you’re often on the go, then mobile check deposit is the perfect choice for you. 

Alternatively, if you have a higher volume of checks to deposit, prefer to deposit multiple checks in one transaction, and need reporting capabilities, then traditional scanner-based remote deposit capture* is an option you can consider.

Provident Gives You Options

At Provident, we’ve made it easier than ever. Use Provident Bank’s Mobile Banking for Business app to deposit your checks. We’ve increased the limit to $50,000 per day with no restrictions on the number of items you can deposit. And that’s not all - we’ve eliminated the fees for mobile check deposits!

Get started today. Download Provident’s Mobile Banking for Business app.

 

* Additional fees for traditional remote deposit capture will apply.

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