Question
Write short note on M-Banking.

Answer

  • M-Banking means Mobile Banking. It is such service as requires connection with internet in their mobile through which people can perform any financial transaction any where in the world.
  • For mobile banking facility one has to request the bank.
  • Thereafter bank gives Log in $ID$ and password for mobile banking. This various financial transactions are carried out.
  • Through this service one can know the balance in the account, payment of light bill, telephone bill, payment of tax money transfer from one account to another account etc.
  • Due to this services one need not visit his original branch.
  • He can perform this from any branch of his bank all over the world. It is essential to care for safety.

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