India Forums



Go Back   India Forums > News & Current Affairs > India News > Money
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 08-03-2016, 06:00 PM
Sally Sen's Avatar
Sally Sen Sally Sen is offline
Member
 
Join Date: Jul 2014
Location: India
Posts: 44
Thumbs up Mobile Banking makes Banking Simpler and Convenient

With an emphasis on real time financial transactions and a global increase in the number of smartphone users, mobile banking is also growing in stature day-by-day. According to the Wall Street Journal, the popularity of this form of banking grew tremendously in 2015, with 43% of adults with smartphones using their devices for all banking and financial activities. Of the 58.9 crore bank account holders in India, 2.25 crore were recorded as mobile banking customers back in 2013 itself. So itís not difficult to imagine the popularity mobile banking is garnering. The availability of products and services electronically is also being increased by financial institutions so as to keep pace with technology.

Take the example of digibank, powered by DBS, which is literally an entire banking experience compressed into a smartphone. Providing 24/7 virtual assistance, it is India's first paperless, branchless and signatureless bank. With extra safety cautions included, digibank also provides an in-built budget optimizer, which tracks and analyzes your spending pattern and provides actionable recommendations, along with precautions if you are overspending. Paying utility bills, recharging and shopping have never been this easy and convenient.


Last edited by megri : 10-05-2016 at 10:48 PM.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT +5.5. The time now is 08:42 PM.


Powered by vBulletin Version 3.5.5
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.