Mobile Banking: An Introduction

Mobile banking is using a mobile phone to access your bank account, credit card account, or other financial accounts. Mobile banking can be done either by accessing your bank’s web page through the web browser on your mobile phone, via text messaging, or by using an application downloaded to your mobile phone. The extent of services offered by the M-banking applications include facilities to deal in the stock market and to conduct banking transactions, to access customized information and to administer accounts.