mobile banking and e banking
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Mobile Banking
Mobile banking is just starting to arrive as an option to handle your finances. There are two types of transactions, a push transaction and a pull transaction.
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Online Banking
Online banking, from a personal computer, also has its pros and cons. One con is that the personal computer is stationary. Another is that the system itself may have a virus, malware or a keylogger (a program that records the keystrokes on the system, often gaining usernames and passwords).
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✔Online banking refers to any banking transaction that can be conducted over the internet, generally through a bank’s website under a private profile, and with a desktop or laptop computer.
✔Mobile banking allows you to perform many of the same activities as online banking using a smartphone or tablet instead of a desktop computer. However, simply accessing the bank’s website on a mobile device is not the only method of mobile banking.
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