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  • Financial Institution Mobile Phone Personal Digital Assistant

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    DivyaRavindran
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    Mobile banking allows customers to conduct financial transactions through mobile devices, gaining popularity since 2000 as customers pay additional fees for convenience. It benefits both customers, who can bank remotely without visiting branches, and banks, by utilizing growing mobile networks to expand access to financial services to more users as mobile phone ownership reaches record highs.

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    Objectives

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    Mobile banking allows customers to conduct financial transactions through mobile devices, gaining popularity since 2000 as customers pay additional fees for convenience. It benefits both customers, who can bank remotely without visiting branches, and banks, by utilizing growing mobile networks to expand access to financial services to more users as mobile phone ownership reaches record highs.

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    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
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    11 views1 page

    Financial Institution Mobile Phone Personal Digital Assistant

    Uploaded by

    DivyaRavindran
    Mobile banking allows customers to conduct financial transactions through mobile devices, gaining popularity since 2000 as customers pay additional fees for convenience. It benefits both customers, who can bank remotely without visiting branches, and banks, by utilizing growing mobile networks to expand access to financial services to more users as mobile phone ownership reaches record highs.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    objectives of mobile banking

    1.Mobile banking is a new emerging sector of mobile financial


    services by utilizing mobile telecommunication technologies
    2.Mobile banking has gained popularity since year 2000 all over
    the world with customers willing to pay additional for the use of
    mobile banking services
    3.The number of mobile phone users has increased tremendously
    to an all time high penetration
    4. Mobile banking is a system that allows customers of a financial
    institution to conduct a number of financial transactions through a
    mobile device such as a mobile phone or personal digital assistant
    5. The mobile banking service is benefitted to the customers and
    thebanks. The customers benefits are the funds or the banking
    transactions can be done without visiting the bank

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