Mobile revolution has changed the way people live and that too in just last few years. The enormous wave of communication washed out all traditional ways and build new bridges between people. One of the important among such bridge is between a person and his bank. With mobile banking, the now your money can dance at your finger tips. Almost all banks have now launched mobile banking platforms however still the usage pattern is increasing with a gradual pace. Increasing count of smartphones has enable banks to launch complete banking experience on the small mobile screen. Also people now are getting more used to mobile software and platforms, they are also finding themselves more comfortable and secure with mobile banking.
Generally banks have now build their mobile applications which provides the entire range of service. Let us see what services we can avail with mobile banking.
- > You can access your bank accounts or view statements anytime anywhere. So, practically you may view your bank balance even while you are travelling from one city to another or even at the late hours in the night, So no time restrictions, no long ques and above all anywhere accessibility. Not only this you also request cheque books or statements to your banks through your phone.
- > You can also transfer funds to any of your friend or relative or business vendor without cheque book and again without any restriction of place and time. All banks are having adequate authentication procedures no worries even if your mobile gets lost.
- > You can pay your utility bills on time. So even if forget paying bill and on last day last hour came out to play cricket, still you can pay then and there on the field within few minutes from your mobile. Rather few apps also have the facility of scheduling your payments or reminding you on timely basis.
- > You can shop online and buy items of your choice online. Now be it clothes, shoes, sandals or online courses, you can purchase it all online using phone banking.
- > If you need cash only, here also your mobile phone can help by locating the nearest branch or ATM for you. The GPS enabled mobile helps you identifying the location and suggest you with nearest options.
And all this with personalized touch, your mobile banking apps allows you to make your theme settings along with other features basis your type of relationship with the bank. Certain apps also let you customize your dashboard to view reports of your choice in single screen.
So in all it is a great offer in small packing and give you a complete virtual banking experience. The most interesting is the cost, guess what, it is free of cost. The cost is not for mobile banking apps but the cost of data services that you service provider charges. You may choose your plan as per your usage. But these costs are insignificant as compared to your savings on time and energy.
