Mobile Banking
Essay Preview: Mobile Banking
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Many people use mobile banking on their cell phone because it allows them to quickly access information. Mobile banking through cell phone is catching up. We can access our account, transfer funds or make payments with the mobile phone.
Mobile banking is supremely convenient. Once youve set it up, you can access your account from anywhere, at anytime. You can do most of your banking whenever you have a few spare moments. Pay the bills or transfer money between accounts while youre waiting in the line at the supermarket or taking the dog for a walk. In addition, if you need to withdraw cash from an ATM, you can find the nearest one through your mobile phone. Besides, mobile banking gives you an extra degree of control over your money. Because mobile banking makes it fast and easy to view your account balances and transactions, you can keep the closer eyes on your financial situation. You wont have to wonder whether a check has cleared or a pre-authorized withdrawal has been made. Take out your mobile phone, wherever you are, and you will have the answer within a few moments. Moreover, various banking services like Account Balance Enquiry, Credit/Debit Alerts, Bill Payment Alerts, Transaction History, Fund Transfer Facilities, Minimum Balance Alerts etc. can be accessed from the mobile phone.
Mobile banking has become really popular owing to the convenience that it gives its customers. It offers many benefits over internet banking and banking in person.