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Bank of America Mobile Wallet Options

Bank of America has nearly 24.5 million active mobile users, who in the fourth quarter of 2017 made 1.3 billion logins using their BofA app. Uses included ATM withdrawals, automobile shopping, managing and monitoring accounts, bill payments, check deposits, making appointments, redeeming offers tied to credit card rewards, and person-to-person payments. When it comes to mobile payments, Bank of America has pursued what it calls an “open wallet” strategy. It supports every major third party mobile wallet and digital payment option available in the U.S.—Apple Pay, Samsung Pay, Google Pa...

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March 2018
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