The emergence of GPRS, 3G and 4G networks contributes to its growth. With them, the financial institution's application works quickly. The high-speed network allows paying for various goods and services through the phone.
Mobile banking applications were adapted to the screens of modern smartphones. They can work with operating systems of mobile devices. Customers appreciated the development of voice identification, the ability to create payment templates with the camera, high-speed transmission of receipts, and payment notifications by email or via messenger.
If a citizen has already become a bank client, i.e., he has been issued a bank card and opened an account, he can install the application of the selected financial institution on his smartphone. To do this, it is necessary to download the application and go through the registration procedure.
Some financial companies allow you to connect to mobile banking through an ATM. In this case, you do not need to visit a bank office.
If you log in through your smartphone, you will need to enter your card number or scan the front of your card after downloading the app. After that, the program will ask you to enter your password, repeat it, and then get access to the financial company's services. You may also receive an email notification about the opening of mobile banking.
Smartphones have become a constant companion of man, so it is not surprising that a large number of services are optimized for them. Communicating, watching news and videos, sending and accepting documents are available in a few clicks. Banking operations are in step with the times, making life much easier. There are several advantages of apps for compact devices.
If you fear the security of financial transactions through your smartphone, follow a few recommendations:
To use online banking, you must use a browser to access your personal account on the financial institution's website. The user does not need to download an application to their mobile device. A bank account can be opened from any gadget connected to the Internet. It is most convenient to use equipment with a large monitor - a laptop or a desktop computer. It is a considerable option for elderly people who don’t use smartphones and need bigger screens to manage their financial responsibilities.