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News on Mobile Banking  Submitted by:pallavi saggarmba-2a
Marriage b/w Banking & Telecom Technologies give birth to Mass Mobile- Banking Carry your Bank in your cell phone .                                      (Source: The Economic Times)
Contd…  (Source: The Economic Times)
Is Mobile Banking Save ?????? ,[object Object]
If Transaction is done through Mobile Banking Application such as ngpay & iMobile downloaded on the cell phone.
Transaction done through SMS is not that secure.,[object Object]
If Mobile is lost?????? As correct PIN is known to you that is required to carry transaction through this Channel. So, there is no Danger!!!!!!
Procedure to carry a Transaction through Mobile!!! There are 2 ways :- GPRS- Enabled Mobile Phones SMS- Based Transactions
1. GPRS- Enabled Mobile Phones  Step:1 –  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. Step:2 – Once you install the application &follow instruction & set a MPIN(Personal Identification no. ) for carrying out the transaction. Step:3 – Once Mobile Banking a/c & MPIN is activated & than start m-commerce.
2. SMS- Based Transactions Step:1 – Register for the Service with Bank. Step:2 – Type a Message like–  Pay<Merchant Code><Amt.><MPIN> to No. specified by Bank.

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Mobile banking

  • 1. News on Mobile Banking Submitted by:pallavi saggarmba-2a
  • 2. Marriage b/w Banking & Telecom Technologies give birth to Mass Mobile- Banking Carry your Bank in your cell phone . (Source: The Economic Times)
  • 3. Contd… (Source: The Economic Times)
  • 4.
  • 5. If Transaction is done through Mobile Banking Application such as ngpay & iMobile downloaded on the cell phone.
  • 6.
  • 7. If Mobile is lost?????? As correct PIN is known to you that is required to carry transaction through this Channel. So, there is no Danger!!!!!!
  • 8. Procedure to carry a Transaction through Mobile!!! There are 2 ways :- GPRS- Enabled Mobile Phones SMS- Based Transactions
  • 9. 1. GPRS- Enabled Mobile Phones Step:1 – 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. Step:2 – Once you install the application &follow instruction & set a MPIN(Personal Identification no. ) for carrying out the transaction. Step:3 – Once Mobile Banking a/c & MPIN is activated & than start m-commerce.
  • 10. 2. SMS- Based Transactions Step:1 – Register for the Service with Bank. Step:2 – Type a Message like– Pay<Merchant Code><Amt.><MPIN> to No. specified by Bank.
  • 11. Thank You