Mobile Banking

Mobile Banking is an importance aspect of banking system in the modern society because of its novel services. The use of mobile banking increases day by day. Mobile banking includes performing balance checks, account transactions,payments, credit applications and other banking transactions through a mobile device such as a mobile phone or Personal Digital Assistant (PDA). It is quite impossible for any country to develop industrial and commercial sector without sound banking system in modern economic era. Mobile Banking is one of the significant functions of the bank. It plays a vital role in overall economy of a country. This book revealed that mobile banking systems are easy for modern banking system. The mobile banking that does can be handled all over in remote area within a single moment. Mobile banking through an SMS based service would require the lowest amount of effort, in terms of cost and time. Mobile Application based banking is poised to be a big m-commerce feature in Bangladesh and it could well be the driving factor to increase sales of high-end mobile phones.

Autorentext

[1] K.M.Anwarul Islam is an Asst.Prof. of Finance and Banking at the The Millennium University, Bangladesh.He has completed his graduation from University of Dhaka and doing his PhD in Islamic Banking and Finance from IIUM, Malaysia.[2] Mahbuba Zaman is also doing PhD in Islamic Banking and Finance from IIUM, Malaysia.