Mobile banking

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Mobile banking

  1. 1. News on Mobile Banking <br />Submitted by:pallavi saggarmba-2a<br />
  2. 2. Marriage b/w Banking & Telecom Technologies give birth to Mass Mobile- Banking<br />Carry your Bank in your cell phone .<br /> (Source: The Economic Times)<br />
  3. 3. Contd… <br />(Source: The Economic Times)<br />
  4. 4. Is Mobile Banking Save ??????<br /><ul><li>Transaction done through Mobile is as save as Internet Banking .
  5. 5. If Transaction is done through Mobile Banking Application such as ngpay & iMobile downloaded on the cell phone.
  6. 6. Transaction done through SMS is not that secure.</li></li></ul><li>Is Mobile Banking Secure?????<br />Bank offers this facility to its customer free of cost.<br />But, Telecom Operators will levy charges for use of GPRS (General Packet Radio Service) facility .<br />The Cost depends upon the plan which is being chosen.<br />
  7. 7. If Mobile is lost??????<br />As correct PIN is known to you that is required to carry transaction through this Channel. So, there is no Danger!!!!!!<br />
  8. 8. Procedure to carry a Transaction through Mobile!!!<br />There are 2 ways :-<br />GPRS- Enabled Mobile Phones<br />SMS- Based Transactions<br />
  9. 9. 1. GPRS- Enabled Mobile Phones <br />Step:1 – <br />Register for Mobile Banking Service with your Bank. You will get an SMS with link for downloading application . You can download it by visiting the Relevant URL.<br />Step:2 –<br />Once you install the application &follow instruction & set a MPIN(Personal Identification no. ) for carrying out the transaction.<br />Step:3 –<br />Once Mobile Banking a/c & MPIN is activated & than start m-commerce.<br />
  10. 10. 2. SMS- Based Transactions<br />Step:1 –<br />Register for the Service with Bank.<br />Step:2 –<br />Type a Message like– <br />Pay<Merchant Code><Amt.><MPIN> to No. specified by Bank.<br />
  11. 11. Thank You<br />

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