Mobile banking update allows BBVA Compass customers to pay people using text, email

HOUSTON, Aug. 7, 2013 /PRNewswire/ -- BBVA Compass enhanced its mobile banking capabilities by adding the Pay People with Popmoney service to its iPhone and Android apps, allowing customers to send money to anyone in the U.S. using just the recipient's email address or mobile phone number. 

Previously available only through the online banking service, Pay People allows BBVA Compass customers to send money to friends, family and others using their mobile phones. Recipients are then notified — via email or text message — that they have been sent money and can deposit the payment directly into their accounts through their banks' Popmoney service or via a secure, easy-to-use website.  

"Adding the Pay People service makes our mobile banking apps more useful for our customers," said Alex Carriles, director of self-service channels at BBVA Compass. "For example, if a customer wants to pay back a friend for picking up the tab at lunch, they can now settle up using Pay People before ever leaving the restaurant."

BBVA Compass' latest mobile banking upgrade also adds Mobile Deposit to its new e-Business Checking account, launched last week as part of the bank's efforts to serve micro-businesses. The app update allows micro-business owners to make deposits into their accounts by endorsing and snapping pictures of checks.

In addition, the bank's Android app now includes Picture Bill Pay, which allows customers to pay bills and add payees by taking pictures of paper bills. The feature was previously available only on the iPhone app.

"We're proud to say that we now offer one of the most feature-rich mobile banking offerings in the nation on our iPhone and Android apps, and one of the most extensive," Carriles said. He added that there are also apps for BlackBerry^®, Kindle Fire™, iPad^® and Windows Phone™.

The bank's mobile banking app allows customers to retrieve balances, review transactions, view check images, transfer funds, send money, deposit checks and manage bill payments. The free app also offers bilingual banking options.

The apps are available for download at the App Store ℠ and the Google Play™ store by searching for "BBVA Compass."

For more information on additional BBVA Compass mobile banking applications, visit www.bbvacompass.com/go/mobile.

Mobile Banking: Message and Data Rates May Apply. Please check with your wireless carrier about such fees and rate plans. Mobile Deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. See Terms & Conditions for details, including information on funds availability, at http://www.bbvacompass.com/mobile-banking/terms/remote-deposit.html. Member of the Popmoney network. To use Pay People, customer must be enrolled in bill pay services through BBVA Compass Online or Mobile Banking. Any fees or service charges associated with your deposit account(s) will continue to apply. Standard text message rates also apply; check with your wireless carrier for your text message rate plan and available plans. US Banks only. Payment amount limitations may apply. A "Business Day" is Monday through Friday, excluding Federal Holidays and other days that banks may be legally closed.

Popmoney is a registered trademark of Fiserv, Inc. or its affiliates.

Mobile Deposit is a registered trademark of Mitek Systems, Inc.

iPhone, iPad, and App Store are trademarks of Apple, Inc., registered in the U.S. and other countries.

Android and Google Play are trademarks of Google, Inc. Use of these trademarks is subject to Google Permissions.

The Trademark BlackBerry is owned by Research In Motion Limited and is registered in the United States and may be pending or registered in other countries. BBVA Compass is not endorsed, sponsored, affiliated with or otherwise authorized by Research In Motion Limited.

Kindle Fire is a trademark of Amazon.com, Inc. or its affiliates, registered in the U.S. and other countries.

Windows Phone is a registered trademark of Microsoft Corporation in the United States and other countries.

About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, it is the largest financial institution in Mexico and it has leading franchises in South America and the Sunbelt Region of the United States. Its diversified business is biased to high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at www.bbva.com.

About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 688 branches, including 352 in Texas, 90 in Alabama, 78 in Arizona, 64 in California, 45 in Florida, 38 in Colorado and 21 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and was recently awarded the 2013 Celent "Model Bank Award" for its new core banking platform. Additional information about BBVA Compass can be found at www.bbvacompass.com.

Editor's Note:
BBVA Compass is a trade name of Compass Bank, member FDIC. 

SOURCE BBVA Compass

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