First Trade Union Bank (First Trade) has become the first full-service bank to introduce a mobile payment and loyalty app, FT Pay. It is the latest addition to First Trade’s consumer offering, which includes paperless online account opening, unlimited ATM rebates, and mobile banking apps for smartphones and the iPad, making First Trade one of the first banks in the U.S. to offer a complete mobile banking experience for consumers. The app is powered by mobile payments network LevelUp and can be used at the thousands of LevelUp merchants nationwide. The new FT Pay app is now available for free download from the iTunes App Store and Google Play.
FT Pay combines the best of LevelUp’s award-winning payment and loyalty platform with First Trade’s existing mobile banking applications, giving FT Pay users the ability to pay with their phones at any LevelUp merchant location while unlocking LevelUp credit and exclusive First Trade offers in the process. First Trade will match the savings from merchant discounts and deposit up to $25 as a new account bonus directly into new customers’ FT Checking accounts, while existing bank clients can increase their savings by sweeping merchant credits into their savings accounts.
The new mobile payment app integrates with the First Trade Union Bank debit card, and any non-First Trade debit or credit card. The exclusive FT Pay “Vault” reward feature will continue to benefit businesses in the LevelUp network as First Trade will create ongoing, exclusive offers to drive more loyal customer traffic.
