Bank of America has introduced a digital debit card to its mobile banking app to deliver enhanced transactional convenience to the users.
The digital debit card comes with the same protections and benefits of a physical debit card. All eligible customers can place a request through the app for the digital debit card. Once available, they can carry out usual purchases and transactions with the card.
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The Bank of America digital debit card can be used to shop online and pay in stores. Additionally, the customers can carry out cash transactions at Bank of America’s cardless ATMs.
Bank of America head of advanced solutions and digital banking David Tyrie said: “Our goal is to bring never-before-possible convenience to clients.
“With our new digital debit card, clients can transact immediately and avoid waiting for their permanent card.
“This feature is one of several new digital offerings that reinforce our commitment to making clients’ financial lives easier.”
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By GlobalDataAlong with the launch of the digital debit card, the bank announced additional enhancements to the app.
Now the customers can order foreign currency through their Bank of America mobile app. The move is expected to benefit customers who are travelling internationally.
Furthermore, small business owners can pre-order bills and coins in specific denomination through the app.
Earlier, Bank of America announced the introduction of a new Cash Rewards credit card. The card allows the clients to select how they wish to earn rewards based on their priorities and interests.
