The use of mobile devices in banking transactions today is very popular; consumer can now use mobile devices such as smart phones, ipad and tablet computers to help manage their money. Banking via mobile device in the future will be the choice of every consumer because using their phones or tablet computers they can always check their balances in the bank, they can pay bills using mobile phones, and consumer can shop online or pay transactions using a mobile devices. Many consumer who banked via mobile reported that they now felt more in control of their money, because they were able to check their account status more often, ensure bills were paid on time and avoid being overdrawn.
In early days phones are primarily use in communication particularly voice call, but today in the age of Information Technology phones are know become powerful. Smart phones are one of the modern gadgets today that is use in business transactions and later on the tablets are also gaining popularity when it comes to connectivity and it is use in dealing with online transactions like banking.
Today’s generation of people want that everything is in their hands using the technology. They can do more or they can be efficient and productive if they have the latest technology with them. One example are they can monitor they business and home with CCTV connected to the internet and using their smart phone or tablets they can watch over what is happening even if they are away.
Using the mobile devices they can always monitor their balances in the bank and they can perform online transactions remotely.