NIBMADBM15.1

Information Technology

MOBILE BANKING

CONTENT Elaboration of Mobile banking.What is the Mobile banking.How to connect with Mobile

banking.Features & Benefits of Mobile

banking.Advantages & Disadvantages of

M-bankingMobile banking in world.Mobile banking in sri lanka.

ELABORATION OF MOBILE BANKING

ELABORATION OF MOBILE BANKING Online service started in New york in 1981 when

four of the city's major banks( Citibank , Chase Manhattan , Mhemical and Manfacturers Hanover) offered home banking services using the videotex system.

May 1995 : wells Fargo the first bank in the world offer customer access to their account over the internet.

The earliest mobile banking services were offered over SMS.

With the introduction of the 1st primitive smart phones with WAP support enabling the use mobile web in 1999.the first European bank started to offer mobile banking.

WHAT IS THE MOBILE BANKING ?

WHAT IS THE MOBILE BANKING If we get as a wide concept, mobile banking is a

combination of

Banking system Mobile devices Communication equipment

HOW TO CONECT WITH M-BANKING

HOW TO CONNECT WITH M-BANKING

CURRENT / SAVINGS

ACCOUNT HOLDERS

REQUEST FROM

M-BANKING

BANK

Sending a letter with pin

code

Using M Banking

current & savings account holders

Features & Benefits

FEATURES &

BENEFITS OF M-BANKING

Features &

Benefits

FEATURES & BENEFITSOF M-BANKING

Quick registration process.View your statement.View your personal loan.Impulse server.Quick balanceBalances on your smart watch.

ADVANTAGES &

DISADVANTAGES OF MOBILE BANKING

ADVANTAGES OF M- BANKING

Internet connection is not necessary.

Several services are available.

Security & Safety.

Service available in 24 × 7 × 365

DISADVANTAGES OF M-BANKING

Unsecure

Risk

Chargers apply

Old models of mobile phones are not suited

Very risky

High service chargers are appliedThis system is

not allowed to my mobile phone

MOBILE BANKING IN

WORLD

Mobile Banking Industry

10,000,000Number of users in 2009

Mobile Banking Industry

37,000,000Number of users in 2014

Bank Of America

3 years1st million mobile customers

Bank of America

3,000,000New mobile customers in last year.

Mobile Banking Population

44% Population with smart phone

Mobile industry20%

Americans with mobile phone and Banks Account

Conducting

MOBILE BANKING IN

SRI LANKA

In present so many banks in Sri lanka have

lunched M-Banking service to their

customer

With the development in technology M-Banking

customers are increasing day by day.

But this service bound to the society which is familiar with English

speaking.

That is why there are more M-Banking

customers in privet Banks.

Day by day rural areas are urbanizing because of that , M-Banking is spreading among city

people and village rapidly.

M-Banking users are between 25 – 45 age.

THE END