Question

When the banking operations are carried out
through mobile phones, it takes the form of
A. E-banking
B. M-banking
C. T-Banking
D. None of the above​

Answer 1

M- Banking or mobile banking

Answer 2

The banking operations take the form of M-banking.

• It is the process of making financial transactions utilising a mobile phone or gadget.
• This activity entails a bank delivering alerts, fraudulent activity messages or usage activities to a user's mobile device.
• It also caters to users paying bills or moving money internationally.
• It can be done with or without the use of the internet.
• In today's world, many banks have mobile banking apps.