PRAHA, Czech Republic—Eurotel Praha on 14 September began offering all of its Eurotel GSM banking customers access to bank services through a mobile telephone. New, more up-to-date and safer multibanking technology used by Eurotel GSM allows access to up to 10 various bank accounts, even from abroad, without a need to record any additional banking application on the subscriber identity module (SIM) card.
“We are trying to bring to our customers the highest quality services, which also eliminates the necessity to visit bank branches and to have bank applications recorded in a complicated way,” explained Glenice Macllelan, executive marketing director. “Bank application Eurotel GSM banking is for all 10 various bank accounts supplied directly by the manufacturer on our new Eurotel SIM card and is activated by a particular bank with a secure activation SMS,” she added.
The first banking houses offering the new Eurotel GSM banking service are GE Capital Bank and eBank. When using the Eurotel GSM banking service customers of these banking houses can through their mobile phones find out account balances, place payment orders and use most of the many other services the financial institutions offer. Eurotel said its banking services will expand further.
Message transfer security between a customer and his or her bank is safeguarded by the latest technologies available at the moment. The bank through a secure activating SMS message activates the Eurotel GSM banking service.
All communication is encoded and nobody except the customer and the bank has excess to it. Moreover, a personal bank personal identification number (PIN) code, which has to be entered during every entry into the application and every time an SMS message sent by the bank is opened, safeguards account operations.
