Hi, thanks for watching our video on Mobile Banking.
In this video we’ll walk you through:
Mobile Banking refers to provision and availability of banking- and financial services with the help of mobile telecommunication devices.The scope of offered services may include facilities to conduct bank and stock market transactions, to administer accounts and to access customised information.
A bank or other financial institution that offers mobile banking allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike related internet banking, it makes use of software, commonly referred to as an app, provided by the financial institution for the purpose. Mobile banking is typically available 24 hours a day, seven days a week.
Transactions via mobile banking vary depending on the features of the mobile banking app provided, but typically include obtaining account balances and lists of recent transactions, electronic bill payments, remote check deposits, P2P payments, and funds transfers between a customer's or another's accounts.
#mobile #banking #bankingapp #mobilebanking
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