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zazie asay
zazie asay
Asked: June 9, 20222022-06-09T16:10:52+05:30 2022-06-09T16:10:52+05:30

Distinguishing Internet And Mobile Banking

Mobile Banking 

Mobile banking is now the key service and feature of many banks, and the remaining banks and financial institutes are investing in banking app development. Because customers find mobile banking is one of the most preferable and convenient ways of banking. Checking funds, passbook and transaction history, fund transfer, and booking tickets all these things can be done through mobile banking. 

Internet Banking

Internet banking is also known as Net banking. With internet banking, customers can perform their banking financial and non-financial activities in a few minutes without visiting a bank physically. Net banking customers can access the account details, available funds,  money transfers,s and checking transaction history. 

The Difference 

The major difference between these two banking facilities is that for net banking, you need to have internet connectivity, a laptop, or a computer. On the other side, mobile banking doesn’t require internet connectivity. It could be performed through SMS. So if any customer with a feature phone also can take advantage of mobile banking.

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