- What is the difference between mobile banking and digital banking?
- What is mobile banking and explain the features of mobile banking?
What is the difference between mobile banking and digital banking?
Functionality. Digital Banking allows you to perform banking through multiple avenues like your desktop computer, tablet, laptop, etc., whereas Mobile Banking is only accomplished via mobile devices. Plus, you can conduct mobile Banking with the internet via banking apps or without the internet via SMS.
What is mobile banking and explain the features of mobile banking?
Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). This activity can be as simple as a bank sending fraud or usage activity to a client's cell phone or as complex as a client paying bills or sending money abroad.