What is mobile banking ?

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1 Answer

Answer :

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using mobile devices such as smartphones or tablets.
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Related questions

Which all companies provide mobile banking?

Description : Which all companies provide mobile banking?

Last Answer : All which do.

What are the advantages of mobile banking?

Description : What are the advantages of mobile banking?

Last Answer : answer:This is best answered by trying it out yourself. Depending on how you like to do your banking, you'll see how it can work best for you. If you like to enter your transactions into a ... not available in the US yet, but I suppose those middle men companies are probably lobbying against it.

Do you feel secure banking from your mobile?

Description : Do you feel secure banking from your mobile?

Last Answer : answer:Do you mean banking over the phone or banking over the mobile web? Either way, I feel pretty comfortable personally, just because my bank protects me against fraud and identity theft, and honestly there's ... steal. But if I had anything super important to do, I would always do it in person.

How secure is your banking on your mobile handset?

Description : How secure is your banking on your mobile handset?

Last Answer : Not very. I believe most phones lack a fully featured web browser, and therefore lack a way to make secure 128-bit encrypted connections as used with browsers on a PC or otherwise.

Which is the first bank in Bangladesh to launch mobile banking service ?

Description : Which is the first bank in Bangladesh to launch mobile banking service ?

Last Answer : Which is the first bank in Bangladesh to launch mobile banking service?

When was the world's first mobile banking launched ?

Description : When was the world's first mobile banking launched ?

Last Answer : The world's first mobile banking was launched in 1997.

What is the importance of online banking and mobile banking ?

Description : What is the importance of online banking and mobile banking ?

Last Answer : Online banking and mobile banking are among the processes and strategies being adopted to increase the quality of banking services in the modern economy. This banking has created many opportunities for ... under this banking service. As a result, the country's foreign exchange reserves increased.

How much is the average daily transaction in the country through Mobile Banking ?

Last Answer : The average daily transaction in the country through Mobile Banking is about 994 crore rupees.

Which institution was the first to introduce mobile banking in Bangladesh ?

Last Answer : The first to introduce mobile banking in Bangladesh - Dutch-Bangla Bank.

What is the name of mobile banking service of Bangladesh Postal Department ?

Last Answer : The name of the mobile banking service of Bangladesh Postal Department is cash.

Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Description : Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these

Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.

Which bank has launched USSD based mobile app for basic banking needs with NPCI A) United Bank of India B) Union Bank of India C) UCO Bank D) Indian Bank E) Indian Overseas Bank

Description : Which bank has launched USSD based mobile app for basic banking needs with NPCI A) United Bank of India B) Union Bank of India C) UCO Bank D) Indian Bank E) Indian Overseas Bank

Last Answer : B) Union Bank of India Explanation: National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country has partnered with Union Bank of India to ... customers and can be used even without any internet connection as it does not require any data.

Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Description : Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Last Answer : A) Flipkart Explanation: Private sector lender Kotak Mahindra Bank has enabled online shopping portal Flipkart in its mobile banking application in order to ensure a seamless shopping experience for its ... mode. Through this integration the bank will try to solve that problem for our customers.

Which of the following services can be offered by Payment Banks? A. Debit Cards B. Online Banking C. Mobile Banking D. All of the Above E. None of the Above

Description : Which of the following services can be offered by Payment Banks? A. Debit Cards B. Online Banking C. Mobile Banking D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: Payments banks can issue services like ATM cards, debit cards online banking and mobile banking.

In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Description : In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Last Answer : D. All of the Above Explanation: Send money up to Rs 1 lakh to any bank account through the mobile without entering debit/credit card details, net banking/wallet password or even knowing the receiver‘s account number.

In NUUP, a customer can access banking services by just pressing ________ from his/her mobile phones. A. *999# B. #*99# C. *99# D. 1*99# E. None of the Above

Description : In NUUP, a customer can access banking services by just pressing ________ from his/her mobile phones. A. *999# B. #*99# C. *99# D. 1*99# E. None of the Above

Last Answer : C. *99# Explanation: In NUUP, a customer can access banking services by just pressing *99# from his/her mobile phones. This service works across all GSM mobile handsets.

Which of the following is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers?. A. WAP B. QSAM C. NUUP D. Both (A) and (B) E. Both (B) and (C)

Description : Which of the following is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers?. A. WAP B. QSAM C. NUUP D. Both (A) and (B) E. Both (B) and (C)

Last Answer : C. NUUP Explanation: NUUP (National Unified USSD Platform) is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers.