Macquarie expands mobile banking experience for business customers

Macquarie Bank has expanded the functionality of its award-winning mobile banking app for business customers, providing a simple, seamless and secure way to manage their business finances on the go.

Business customers can now manage accounts, view transaction details and make payments and transfers using the Macquarie Mobile Banking app. They can also approve any payment or task quickly and securely using Macquarie Authenticator, helping them stay in full control of their banking from wherever they are.

Customers can quickly toggle between business and personal profiles from within the app and can easily store and sort their business spending by adding receipts, notes and categories to transactions.

“Business doesn’t always happen at a desk,” said Dean Firth, Head of Business Banking at Macquarie Bank. “We know our clients want the ability to manage their finances seamlessly and securely from their phone, and these new features put that capability directly in their hands.”

Firth added, “Security is front of mind for every business. With Macquarie Authenticator, our clients have greater control over their accounts, providing real-time verification for key approvals and payments. It provides a powerful layer of protection to help businesses operate with confidence, even when they’re on the move.”

Earlier this year, Macquarie Bank launched fee-free transaction, savings, at call investment and trust accounts for Australian businesses. The move means its business customers pay no monthly account keeping, electronic transaction or dishonour fees.

Firth added, “We are committed to removing friction and simplifying banking for businesses. The Macquarie Business Online platform, integrated with Macquarie Authenticator and the convenience of seamless connectivity solutions, delivers a unique digital experience that makes banking more efficient, secure and simple for business owners.”