Chilldor Inc.

August 24, 2010 09:30 ET

Estonian (Toronto) Credit Union and Chilldor Launch Mobile Banking Services to Banking Customers

Banking Customers Have Instant Access to Their Bank Account(s) With Text Banking

TORONTO, ONTARIO--(Marketwire - Aug. 24, 2010) - Banking customers with Estonian (Toronto) Credit Union (ETCU), a full-service financial institution, now have mobile banking service options available at their fingertips using Chilldor Inc.'s text banking application.

ETCU has implemented Chilldor's mobile banking service free of charge for their customers, who can easily sign up to have mobile banking services added to their banking accounts.

"It's a priority for us to provide our customers with top quality and personalized services. Incorporating this technology adds to our online banking services to provide the most convenience possible for our clients," says Tiina Orpana, General Manager of the ETCU. 

"Now, it doesn't matter whether you are in a store, restaurant or travelling, there is no need to find a branch, an ATM or look to a data plan or Wi-Fi connection to access your banking information on-line to check account information. A simple text message will instantly return up-to-date account information" explains Tarmo Lobu, CEO of ETCU.

Chilldor's mobile banking solution gives banking customers the ability to have instant access to their bank account(s), wherever they happen to be. Text banking lets customers query balances, transfer funds between multiple account types, detect fraud using text alerts on account activity as well as choose their preferred interface language. In other words, full-service banking is now available anywhere and anytime.

"Over two years ago, when we first started investigating mobile banking, Chilldor was the only mobile services company offering full-service mobile banking in Canada. Chilldor's text based mobile banking service provides our customers with a full-range of banking services that is compatible with almost any mobile phone," says Priit Nikker, Branch Operations Supervisor at ETCU.

"In addition to convenience, the mobile banking service helps with fraud detection by sending text messages that are triggered by account activity. Now banking customers are instantly notified when money is withdrawn or transferred to and from their accounts and joint accounts registered with the service. Customers find a real peace of mind in knowing that all account activity is brought to their attention instantly," explains Ove Kask, President of Chilldor Inc.

The mobile banking system has been in pilot at the Estonian (Toronto) Credit Union for one year and is now available to all ETCU banking customers.

For more information or to get started using the Estonian (Toronto) Credit Union's mobile banking, contact the branch at 985 Broadview Avenue, Toronto 416-465-4659 or visit online services at www.estoniancu.com 

Regular text messaging fees from mobile phone carriers may apply.

About Estonian (Toronto) Credit Union, Ltd.: ETCU is a modern, full service financial institution established in 1954 and now has over 5,000 clients. ETCU members benefit from a no-fee policy on core services and very competitive rates on loan and deposit products. Borrowers and depositors are also able to share in ETCU's success through annual distributions of interest rebates and bonus interest from profits. Learn more at www.estoniancu.com.

About Chilldor Inc.: Established in 2006, Chilldor provides innovative mobile banking, marketing and custom mobile solutions to corporate customers in Canada and the USA. In conjunction with its parent company Mobi Solutions Ltd., Chilldor has been providing mobile applications and services globally since 2001. Currently, Chilldor has campaigns, gateways and solutions operating in 39 countries. Chilldor is a privately held company based in Toronto. Learn more at www.chilldor.com.

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