In a world that is going increasingly digital, we all live fast-paced lives that do not leave us much time to do anything redundant. So, instead of disrupting our busy schedule to physically visit a bank, we prefer to use net banking from the comfort of our own home or office. Now, what about those who want to attend to all their banking needs on the go? This is where mobile banking comes into play.
A digital user prefers banking to be fast and convenient. And that is exactly what has happened with internet banking and mobile banking. This digitization of banking started with internet banking that brought our banks to our fingertips. Earlier, we would have to visit a bank even for something as simple as the transfer of funds between accounts. But now we can do that and so much more than sit on the sofa or lay on the bed at home by the virtue of online banking. All you need is your unique customer ID and password, and you can access your account round the clock and make transactions as and when needed. Credit card payment, loan repayment and mutual fund debits and all other possible transactions fall under the purview of internet banking. Net banking facilities are available round the clock and simplify banking to a huge extent.
Mobile banking is the same, only that it comes in handy even when you are travelling. Net banking is typically used via a browser on the customer's computer or laptop. A computer is not mobile and we seldom carry our laptops other than during business trips. You may need to do an emergency transaction at any point in time and mobile banking will help you to do that. It really is like internet banking, just that you do it on your smartphone using your bank's app. Be it a transfer of funds, phone recharge or bill payment, your mobile banking app is really your one stop shop for all your banking needs. Mobile banking allows the users to make transactions 24×7 from any place. You may be travelling or killing time at the railway station or airport, the mobile banking app is always available and comes handy.
Internet banking and mobile banking are the two sides to the same thing really and both have given the objective of a cashless Indian economy a huge impetus. While net banking is the perfect banking solution for us when we are at home or office, mobile banking is sometimes even more useful for a digital user who is frequently on the go.
A digital user prefers banking to be fast and convenient. And that is exactly what has happened with internet banking and mobile banking. This digitization of banking started with internet banking that brought our banks to our fingertips. Earlier, we would have to visit a bank even for something as simple as the transfer of funds between accounts. But now we can do that and so much more than sit on the sofa or lay on the bed at home by the virtue of online banking. All you need is your unique customer ID and password, and you can access your account round the clock and make transactions as and when needed. Credit card payment, loan repayment and mutual fund debits and all other possible transactions fall under the purview of internet banking. Net banking facilities are available round the clock and simplify banking to a huge extent.
Mobile banking is the same, only that it comes in handy even when you are travelling. Net banking is typically used via a browser on the customer's computer or laptop. A computer is not mobile and we seldom carry our laptops other than during business trips. You may need to do an emergency transaction at any point in time and mobile banking will help you to do that. It really is like internet banking, just that you do it on your smartphone using your bank's app. Be it a transfer of funds, phone recharge or bill payment, your mobile banking app is really your one stop shop for all your banking needs. Mobile banking allows the users to make transactions 24×7 from any place. You may be travelling or killing time at the railway station or airport, the mobile banking app is always available and comes handy.
Internet banking and mobile banking are the two sides to the same thing really and both have given the objective of a cashless Indian economy a huge impetus. While net banking is the perfect banking solution for us when we are at home or office, mobile banking is sometimes even more useful for a digital user who is frequently on the go.
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