Technology

7 Boon And Curse of Mobile Banking Facility

Mobile banking facility is provided by a bank or other financial institution to allow its customers to conduct a financial transaction remotely with a mobile device like a mobile phone or tablet. Mobile banking facility differs from mobile payments, which involves the use of a mobile device to pay for goods or services at the point of sale or remotely. The earliest mobile banking facility services used SMS banking. With the introduction of smart phones

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