Question
Write the difference between Internet Banking and Mobile Banking?
✓
Answer
| Internet Banking | Mobile Banking |
| a. It is also known as Net Banking. | a. It is also known as M-Banking. |
| b. It require computer to do transaction. | b. It require cellular (Mobile) device to do transaction. |
| c. Here transaction amount limit is more as compare to Mobile Banking. (Depend on bank, account) | c. Here transaction amount limit is less as compare to Internet Banking. (Depend on Bank,account) |
| d. It has wider platform. Almost all types of transaction except DD/PO can be done. | d. It is basically used for funds transfer and utility bills (Electricity, Water etc) payments. |
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