Charles Schwab Enhances Mobile Offerings with Schwab Bank Bill Pay Feature

May 9 - Continuing its rollout of convenient on-the-go banking solutions for investors, Schwab has announced the release of Schwab Bank Bill Pay for iPad, iPhone and Android. The new bill-pay feature allows Schwab Bank clients to make, edit, monitor and cancel payments from their mobile and iPad devices. The remote bill-pay option also enables Schwab Bank clients to add and edit new payees and billers through the Schwab mobile apps.

"We heard loud and clear from our clients that having access to bill pay on the go is important to them, so we prioritized making this capability available," said Diane Russell, Charles Schwab senior vice president of platform and product management. "More than half a million Schwab Bank clients are currently enrolled in Schwab Bank Bill Pay through Schwab.com, and the ability to now use Schwab Bank Bill Pay on their mobile apps will significantly increase the convenience for clients."

In addition to features above, Schwab Bank clients will also have the following capabilities on their mobile devices:

• View, pay and file e-bills (electronic versions of bills that can be sent via the bill-pay system instead of or in addition to receiving a paper bill).

• View auto and recurring payments.

•   View payment status.

"At Schwab, we strive to offer the most comprehensive mobile offering in the industry and our dedication to anytime, anywhere investing and banking solutions is of course a critical part of that effort," said Russell.