Computer Science, asked by Anonymous, 1 year ago

Differentiate --

e banking and mobile banking..

Answers

Answered by Naman7572
4


Very different. Although the purpose of both the facilities is same but the functionality differs. Mobile banking can be operated from any mobile, even the most basic one (through SMS). In smartphones mobile banking can be operated through gprs and/or sms. Fund transferred(NEFT) through mobile banking takes less time(as you do not have to register the beneficiary). But it can be operated only through registered mobile(mobile no. registered with the bank. It is SMS based as well as app based.
Where as internet banking needs internet connection. Unlike mobile banking it can be operated through computers also. To transfer funds through net banking you have to register the beneficiary which takes some time ranging 2 to 12 working hrs.
However, Both can be used to transfer funds, know your balance, stop cheque payment, recharge mobile top-ups etc.
For both the facilities you have to get mobile banking or internet banking kit from your bank branch with which you have your account.

Naman7572: Very good
Answered by shashi7563
1
search at Google it will be clear
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