123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Web-Design >> View Article

Mobile Banking

Profile Picture
By Author: kajal
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

What is Mobile banking?

Mobile banking means financial transactions from mobile devices Ex_ mobiles, tablets, laptops, etc. Over the last decade, the banking industry has become more advanced and secure.

Nowadays, online transactions have become so popular, secure, and simple, as you can do it on the go at any time. No need to spend hours in banking queues, all you need is a good internet connection and a mobile device/PC.

Mobile banking services are provided by financial institutions. Banking services have many types like: account information access, transactions, investments, and support services.

To date, banks are using SMS services and apps to keep their customers informed of their account activities and send alerts to their related updates, frauds, and maintenance of services. It allows transactions between different accounts and payment of bills.

Mobile Banking Services
Mobile banking has become an important part of the day-to-day life of people, banks encourage customers their best mobile banking services/internet banking services.

Account Balance Enquiry
... Account Statement Enquiries
Credit/Debit Alerts
Bill Payment Alerts
Minimum Balance Alerts
Branch locators
ATM locators
Cheque Status Enquiry
Cheque Book Requests
Fund Transfer between Accounts
Credit/Debit Alerts
Minimum Balance Alerts
Bill Payment Alerts
Bill Payment
Recent Transaction History Requests
Information Requests like Interest Rates/Exchange Rates
Lodging complaint/ tracking applications

Benefits of mobile banking

Accessing the bank 24/7
Completely paperless
Mobile banking helps you to track your finances
Provides more security to their customers
Convenient for everyone
Pay your bills online
Transfer money between accounts
View your transaction

Future of Mobile Banking
The rising trend in mobile banking are cardless withdrawal of money from ATMs, using mobile phones.

The Banking industry is continuously inspecting new technologies like AI (Artificial Intelligence) in mobile banking.

Also, Mobile Banking is adapting new features for the future such as Robo-Advisors, Voice Payments, and Card Control etc.

More About the Author

I specialize in creating technical articles that turn ideas into engaging content. You can explore my articles for a valuable addition to your knowledge. Any concerns you can reach me at kajal.webflavors@gmail.com.

Total Views: 44Word Count: 271See All articles From Author

Add Comment

Web Design Articles

1. 10 Key Data Privacy Checklist For B2b & B2c Companies
Author: Sparity

2. The Ultimate Guide To Commercial Printing Services In East Brunswick, Nj
Author: blogbeatsever

3. Unlocking The Power Of Laravel Web Development For Your Business
Author: Backend Brains

4. Best Ecommerce Website Development Services In India
Author: sidharthh08877

5. Elevating User Experience: The Art And Science Of Ux Optimization
Author: Adam Scott

6. The Role Of Web Design: Understanding Its Needs And Benefits
Author: Aarna Systems

7. Hurry Up! Stop Looking More App Development Company In Delhi | Web3creations
Author: Web3creations

8. Discovering The Potential Of Php Websites: An Extensive Investigation
Author: By Mass Technologies LCC

9. Basic Details You Need To Know About Web Development And Design
Author: linxdigital

10. Software Development
Author: hasanur alam

11. Angular 10: What's New And Why You Should Update Now
Author: Dhwanil Patel

12. How A Web Development Company In Bridgewater Can Help Your Business Grow
Author: blogbeatsever

13. Kotlin Unleashed: Building The Breakthrough App Of 2024
Author: Dhwanil Patel

14. Change Your Customer’s Purchasing Pattern By Using The Right Colour Scheme In Your Website!
Author: Liam Mackie

15. Make Sure You Have Chosen The Best Company Always
Author: Liam Mackie

Login To Account
Login Email:
Sign Up Newsletter
Email Address: