U.S. Bancorp is offering a new Apple Inc. iPad app that will allow stores to offer instant credit to customers.
The bank is piloting the app with sporting goods retailer Sport Chalet. A store employee accesses the Sport Chalet Visa Credit Card application through the iPad then allows the customer to complete and submit it. If approved, the customer receives instant credit to begin making purchases, the Minneapolis-based company said in a March 6 press release. The customer would later receive the credit card by mail.
The bank also will offer a U.S. Bank-branded version of the iPad credit app at select branches during the second quarter.
In October, the bank said it had launched an app for the iPhone that allowed users to apply for a U.S. Bank cobranded credit card. The bank plans to launch both apps with other cobrand partners next quarter.
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