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Digital 81: Banking Around the Clock, Exploring the Features of Mobile Banking

With mobile banking, banking is available to you 24/7. Here are a list of all the mobile banking features you can have access to anytime anywhere:


Check Account Statement Online


With mobile banking you can check your account statement and balance online in seconds with no need to wait in long lines. Along with this, you can also look at the dates and to where or from where the transactions were made, giving you a clear track of where your finances have been.

Open a Fixed Deposit Account


Save money into a fixed deposit through a few clicks, safety and record guaranteed as everything is tracked in your mobile banking account.

Pay Utility Bills


Through services such as Fonepay Bills and the integration of utility payments such as water and electricity, you no longer need to make the cumbersome trips for payments and can easily pay your bill through your mobile phone.

Make Merchant Payments


With the abundance of digital payments and QR codes, we can find that 70% of businesses in the country are equipped to accept payments digitally. This means you never need to worry about forgetting your wallet when you have your phone to make payments through mobile banking.

Transfer Funds


Take care of peer-to-peer fund transfers without having to meet face-to-face. With the prevalence of QR codes generated for individual mobile banking users, you can easily share your bank details to transfer funds. However, do be careful in sharing your personal details.

Cardless Withdrawal


Relying on digital banking for transactions can be convenient, but in some cases, you might require physical cash. For that, too, mobile banking has got you covered as now you can have access to cardless withdrawal with your mobile banking account. You can access this through any new ATMs. Only available in limited banks.

Mobile Top-up and DishHome Top-ups


No need to go and buy recharge cards; now you can easily recharge your mobile balance with mobile banking. Also, you can buy various data packs at a discount. With some banks, users are even provided the availability to top-up their DishHome account.
 


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