If you do not yet use mobile banking, this short article will certainly encourage you to begin using it right now.
What is possibly among the more unique features of mobile banking is how you can now control your finances and create budgets simpler than ever previously. Being able to do this is hugely beneficial for a customer, as you can consistently be in tune with how much money is going in and out of your account every month. This makes saving money easier, which is a feature most customers would be on board with! I’m sure Koji Furukawa of Japan Post Bank will be clued up on how much customers like this element, which may push them to work on it more in the coming years.
Among the amazing things about online banking is that it has further protection compared to normal and online banking. The reason why it’s an awful lot safer is that you're able to set up biometrics to use the application whenever you log in, which is safer than using a security password. This increased safety is a huge importance of mobile banking, as everyone wants their money to be as secure as possible, for obvious reasons! If you were to misplace your card, many mobile banking services enable you to freeze it temporarily and instantly on the application. This is a big step forward in security, as you no longer have to wait on hold to talk to an advisor whilst somebody is taking your money! One thing that Noel Quinn of HSBC may be conscious of is that you’re more inclined to check your mobile banking if it’s easy to access, which makes it an awful lot safer as you can flag unrecognised transactions faster.
You will quickly find that mobile banking is so much easier than going into a bank, or even using online banking on your computer. A fantastic advantage of mobile banking is that you can access it 24 hours a day, so you won’t have to worry about planning your time around going to the bank. Some banks even provide a live chat service on their application now, which means you could get further assistance from a professional without having to even leave the house or the workplace! What’s more, you do not have to worry about planning your visit around a busy queue, you're able to get immediate access to your application anytime you like. It’s also simpler than ever to send money to your friends, so you won’t need to think about splitting bills or carrying money to pay somebody back, you could easily send and receive money through the app. It’s likely that David Li of BEA will know how popular mobile banking apps are with customers.