Mobile banking is a newly added service in the banking sector that facilitates banking via mobile devices.
There are around 151.82 million people in Bangladesh according to (adb.org/bangladesh), 2012 of which only 13 percent have bank accounts whereas more than 95 percent are mobile phone users. Banks can now offer the banking services to both the rural community and the population (without banking transaction) through mobile phones. Mobile banking refers to a system that enables bank customers to access accounts and general information on bank products and services through Mobile devices.
Mobile banking is a system that allows customers of a financial institution to conduct a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant.
Mobile banking differs from mobile payments, which involve the use of a mobile device to pay for goods or services either at the point of sale or remotely.
The earliest mobile banking services were offered over SMS, a service known as SMS banking. With the introduction ofsmart phones with WAP support enabling the use of the mobile web in 1999, the first European banks started to offer mobile banking on this platform to their customers.
Table of index
ABSTRACT
Introduction:
Structure of the financial system in Bangladesh
Regulation of Mobile Financial Services
History of mobile banking
Objective of Mobile Banking:
Some other purpose of Mobile Banking:
SWOT analysis of mobile banking
Interest in Mobile Banking
Opinion about time saving
Market and Future Growth
Survey Data Analysis
References
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