Mobile banking is turning out to be an effective tool for online payments, account management, third-party transactions, and financial marketing. Mobile banking has changed the face of traditional banking and has given a new look to online banking. With mobile banking, users do not even need a laptop or desktop and can carry out banking activities anywhere and anytime.
A well-designed, easy-to-use mobile banking system is a must-have for all banks today if they want to retain customers and get new ones.
“43 percent of mobile phone users with a bank account reported that they used mobile banking.”
Topics covered in this free white paper are: