Introduction to Information Systems
7th Edition
ISBN: 9781119503491
Author: Rainer
Publisher: WILEY
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Question
Chapter 2, Problem
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.
Expert Solution & Answer
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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