Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Various banks in Nepal are providing mobile banking services. Mobile banking provides lots of facilities for making our life easier day by day. There are a lot of features added daily in mobile banking. We can make our transactions like bill payment, money transfer, account enquiry etc with the use of mobile banking. It saves the time of people by providing facilities in the app so that we don’t need to visit the bank for making transactions.
Mobile banking has brought the revolutions in the banking sector. As per the latest statistics from Nepal Rastra Bank, more than 9 million people use mobile banking in Nepal. The reason: mobile banking apps have simplified the way we conduct most banking transactions.
The interface of a mobile banking app is very simple . It is created in such a way that everyone can take the advantages of it. Nowadays not only me but everyone is using mobile banking due its simplicity and ease in performing transactions. There are a lot of services provided by the mobile banking app. Some of them are listed below:-
1. View your account balances
2. Instant updates about your banking transactions
3. Transfer funds to bank account of your friends and family
4. Pay utility bills
5. Load digital wallets etc
We can make the best use of mobile banking services in the current scenario where the whole world is fighting against the coronavirus. Government has instructed us not to go to crowded areas. We know banks have become the important aspects of our life .If we have activated mobile banking services then we don’t need to go to the bank. We can do our day to day transactions from our mobile phone.
Mobile banking helps make the best use of mobile phones. When I have to pay the rent i dont have to go to the bank and withdraw the cash and pay the rent. I can simply use the mobile banking service and directly transfer cash to the landlord account. When my mobile balance is low I don’t need to go to shop and buy recharge cards. I can simply load balance in my mobile using mobile banking There are many such areas where I can make good use of mobile banking service. It has helped not only me but the entire population who are using the mobile banking services.
At last i just wanted to say mobile banking services has made our day to day banking services easier. And I encourage all of you to make full utilisation of the mobile banking services provided by the bank and if you haven’t activated your mobile banking services go to the nearest branch and activate it today and get benefited.
