Free Trend Report Free 2019 Report & eBook

Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book. Our Research Methodology

This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.

Monzo Offers Debit Card Activation by NFC-Enabled Phone

 - Nov 17, 2017
References: monzo
When it comes to debit card activation, most of the time bank customers are required to call a number, bring their physical card to a brick-and-mortar branch or use a self-serve option online. As Monzo categorizes itself as a "bank of the future" that offers an experience that is optimized for smartphone users, it is now introducing a feature that makes it possible for its users to activate their debit card via a smartphone.

This feature to "add a bit of magic to the signup process" enables users on devices that support near-field communication to activate their Monzo debit card just by tapping it against their phone after the physical card arrives in the mail.

This simplified process eliminates the need for consumers to type in long strings of numbers to identify their card or engage in lengthy verification steps.