Will be launched first quarter of 2001. Existing wireless service includes alerts on account balances to online customers via pagers and other wireless devices. By fall of 2000, about 30,000 customers had signed up for wireless services in the last six months. Pilot in first quarter 2001 followed by launch. Execute trades, pay bills and access other financial services.
Banks also plans to offer additional services to business customers.
SMS can use either Java or HTML versions of youtrade. Java technology supports color, checklists and drop-down menus that are not available in HTML version. Requires phones with WTLS class 2 and server certificate display, as found with Ericsson R380, Nokia 6210, 7110. Service also available on Palm, claimed to be the first Java-based wireless trading with SSL 3.0 on Palm or Visor.