4. What is Mobile Banking ?
• Mobile banking is the act of making financial transactions on
a mobile device (cell phones, tablets ,etc.,)
• This activity can be as simple as back sending fraud or usage
activity to climb cell phone or as complex as clients paying the
or sending money abroad.
5. How mobile banking is related with E-commerce ?
•E-Banking is a branch of E-commerce that deals with
the implementation of information and communication
technology in business and financial management.
• Mobile commerce is broken into three types.
6.
7. SERVICES RENDERED BY MOBILE BANKING
• Mini Statement.
• Alerts on account.
• Monitoring term deposits.
• Access to loan statement.
• Access to card statement.
• Mutual funds & Insurance
policy management.