Introduction to Information Systems: Seventh Edition
Introduction to Information Systems: Seventh Edition
7th Edition
ISBN: 9781119362913
Author: Rainer
Publisher: John Wiley & Sons Inc
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Chapter 2, Problem 1OC
Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

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Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

  • The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
  • Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
  • Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
  • Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

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