2. MOBILE BANKING ?
Mobile banking is the act of making financial
transactions on a mobile device (cell phone, tablet,
etc.). This activity can be as simple as a bank
sending fraud or usage activity to a client’s cell
phone or as complex as a client paying bills or
sending money abroad. Advantages to mobile
banking include the ability to bank anywhere and at
any time.
3. NEED FOR MOBILE BANKING
The Importance of Mobile Banking. Mobile
banking allows consumers to be able to access
banking services from anywhere. Businesses and
business owners are now able to save time by making
use of mobile applications to process their payments
or even receive funds from clients directly to their
phone numbers.
4. Mobile Banking Advantages:
Simple and Easy to use.
Menu based Application Program.
Transmitted data are secured.
Almost every handset can support this feature.
No need to go for Bank Branch.
Handle all type of Transaction form anywhere at anytime.
6. Disadvantages Of E-Banking
A need for customer skill to deal with computers and
bowsers.
Many people who are not comfortable with computers
and the internet, often find it difficult to use internet
banking.
For beginners, internet banking is really time consuming.
In many instance, a simple mistake, like clicking a wrong
button, may create a big problem.