Definition of «mobile banking»

Mobile banking refers to the use of mobile devices such as smartphones and tablets for performing various banking activities, including checking account balances, transferring funds between accounts or to other people, paying bills, applying for loans, and conducting financial transactions. This service allows customers to access their bank accounts from anywhere at any time using their mobile devices, making it a convenient way to manage finances on the go. Mobile banking is becoming increasingly popular as more people use smartphones and tablets to perform various tasks in their daily lives.

Sentences with «mobile banking»

  • With the development of mobile banking apps, it is even easier. (personalprofitability.com)
  • Mobile banking services allow you to access your accounts securely through your smartphone or tablet with convenient features including online bill pay and mobile deposit. (gobankingrates.com)
  • 2 Use of mobile banking requires your mobile service provider's data and / or text plan, for which charges may apply. (amalgamatedbank.com)
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