GO MOBILE, BANK ANYWHERE: EXAMINING THE WAYS MOBILE TECHNOLOGY CHANGED BANKING SECTOR

The future mobile banking is only big but it is considered to be very bright. With the growth of mobile commerce, electronic wallets and wireless purses are taking place of paper cash. Financial institutions like bank are facilitating their products, pricing and transactions for mobile channels. As a form of branchless banking, mobile banking holds the promise to cater lower transaction costs facilities any time at any place.