SelfBank Mobile is leading the industry in the movement to changing the way that people will do their banking and it is on the fast track to moving into the U.S.  Link all of your bank accounts and credit cards to your mobile phone (no matter what brand of phone or which carrier).  Send and receive money via text or WAP.  Make purchases just like you would with a credit or debit card except all you need is your phone.

For those of us that have been patiently waiting for SelfBank Mobile to launch in the U.S. we still have a little more waiting to go.  Don’t fret though, it appears that they are planning to begin the U.S. deployment by the end of the year according to the president of SelfBank Financial Jonathan Anderson.

If you live in Canada then you can already use their services, since the SelfBank corporate offices are located there.  Canada is currently in beta-live phase.  The beta testing is going smooth so far and they are working out the bugs before they open into the larger U.S. market.

As of July 2009 SelfBank Financial has expanded their Montreal offices and opened up new offices in Ecuador and Dallas, TX.  The current expansion strategy includes opening Mexico and the UK as well as more in the U.S.  Along with expanding the SelfBank facilities, the website is new and improved and you can begin to start using some of the new features.

Expected features to be coming soon are iphone and blackberry apps, Facebook and Twitter integration as well as other social networking sites.

So log in or sign up for a new account and view the latest webinar in your backoffice to get all the new details.

To the future of technology,

Matt Bryant

-Users can make bill payments, do mobile banking, make P2P transfers and make retail purchases using their cell phones.

-Designed to integrate to credit, debit(Interac), and stored value cards, as well as your current bank accounts for loading.

-SelfBank Mobile customers can also load their accounts at participating Merchants.

-Technology Is hardware and carrier independent

-100% Identity theft proof & Secure. No financial data is stored on your phone. Is a Pin based solution. 128 bit encryption and higher.

-Built-in Cash Back and Advance Rewards consumer loyalty program. (SelfBank Rewards Club)‏

-Send P2P money transfers instantly, globally** at a fraction of the cost (Western Union)‏

-Ability to donate a % of Cash Advance Rewards to charity ($ that usually goes to the banks)‏

-Integrates into online social networks (Facebook.com, Myspace.com, Hi5, Orkut) You can Buy and Sell items right off your user profile.(M-Commerce Social Utility called Meet Franklin)‏

-Refer all your friends and get paid through our affiliate program

-Worlds first FREE* banking and payment system that is personal and social.

-Built in Merchant account allowing every SelfBank to instantly become active with merchant account capabilities and accept payments from customers

- a TRUE mobile banking and PAYMENT solution, allowing you to make payments not only online but also at the POS.It actually functions like regular debit and credit systems today, not by adding to a phone bill or something, relying on a carrier or specific billing system.It isn’t a ‘make shift’ system by simply ‘re-routing debit and credit transactions via a wireless connection, causing no savings in interchange costs and still relying on a credit/debit card processor and still requiring you to use a card.

Visit selfbankmobile.com for more information