Financial technology company Goldmoney, which operates a worldwide gold-based money network, has launched an improved smartphone app that is designed to make it easier than ever for users to buy gold right from their smartphone app whilst also sending payments. The app also allows users to track and view gold prices in real-time in nearly every currency.
What's great about this app is that it allows Goldmoney customers to manage their accounts from anywhere. Holders of Goldmoney business accounts can use the app to send invoices, collect payments and check on the overall balance of their business, so that they can stay in control of transactions at all times.
This app is truly a wonderfully useful development for people who are actively involved in the trading of gold, and speaks to the usefulness of app-based technologies for high-value financial trading.
Key Themes Behind This Trend
- Mobile Gold Trading
- The Goldmoney app provides a platform for mobile users to buy and sell gold, setting a trend for high value mobile trading.
- Real-time Analytics
- The real-time gold price tracking function of the Goldmoney app can set a trend for more apps providing real-time analytics and data for users.
- Business Account Management Apps
- As business account management applications improve, they will increasingly offer features such as the ability for business owners to invoice clients and send payments as offered by the Goldmoney app.
Where This Applies
- Financial Technology
- The Goldmoney app highlights the potential for fintech companies to disrupt traditional financial services with apps delivering ease of use and low fees.
- Commodity Trading
- Similar apps for trading commodities such as silver and platinum can disrupt the traditional banking systems of commodity trading by offering a cheaper and more accessible alternative.
- Mobile Payments
- The Goldmoney app demonstrates a potential future trend in mobile payments technology, where payments can be linked to gold or other commodities, rather than traditional currencies.
