Mobile banking

Description

baking operation (mobile banking)
nurul_hajar94
Mind Map by nurul_hajar94, updated more than 1 year ago
nurul_hajar94
Created by nurul_hajar94 over 8 years ago
181
0

Resource summary

Mobile banking
  1. similar to internet banking
    1. provides a fast and convenient way of performing banking transactions
      1. must have mobile phone
        1. have features required by the bank that provides this service
        2. need to register account for mobile banking
          1. able to do transactions from anywhere when there have network coverage
          2. users should practise precaution
            1. not leaving mobile phones that is linked to their account unattended
              1. keeping their PIN confidential
                1. not reply any SMS claiming to be from their bank
                2. major banks collaborated with 2 major mobile network operators
                  1. offered a new mobile banking and payment services (MyMobile)
                    1. ability to support fund transfers using mobile phone no.
                      1. accesssible through all types of phones
                        1. fund transfer, bill payments, mobile prepaid reload
                      Show full summary Hide full summary

                      Similar

                      Financial instruments
                      meyer cohn
                      Money and Banking
                      Bird
                      Bank Guarantee
                      Rohit Beerapalli
                      Banking and Finance
                      Stanley Cox
                      banking resources
                      dahakesv
                      AAT 2 Banking Questions Quiz
                      Louise Johnson
                      F: Insolvency & Bankruptcy
                      Mark Varela
                      Finance- Break even
                      cesleviciutek
                      Unit 4 The Accounting Cycle
                      a.j.hemphill
                      Chapter One: Introduction to Accounting
                      charlotte.power9
                      AS - Buss1 - Formula Cards
                      Sophie Davis