Mobile Phone for Banking

Mobile Banking is More Convenient and Easier

mBlox, the world’s largest mobile billing company, released the results of consumer research that show mobile banking is more popular than visiting a local branch or telephone banking via call centres.  The survey found that 37% of U.K. mobile phone users are currently using mobile banking, while 25% of U.S. mobile phone users have adopted mobile banking services.

When asked which banking method users preferred, respondents found mobile banking more convenient and easier to use than telephone banking.  Only 2% of respondents in the US and 3% in the UK chose branch banking as their preferred method.

The greatest benefits of mobile banking for consumers are the ability to ‘access banking services anywhere, at any time,’ as well as “convenience” and “time-saving.”  The top four services in both countries were daily balance notifications; suspicious activity notifications; fraud alert notifications; and low balance, overdraft, and credit limit notifications.

Andrew Dark, CEO of mBlox, said "It's clear from the findings of this survey that consumer behavior is shifting to adopt the capabilities afforded by mobile banking. We are seeing strong interest in the mobile sector from a wide variety of industries including transportation, retail, marketing and entertainment, which shows there is an opportunity for financial services to benefit from this increasingly popular channel."

Mobile Phone for Making Cheap International Calls

The process of making cheap international calls is now so easy and hassle free. As of now mobile phone technology is attracting users day by day therefore, consumers can make cheap international Calls with mobile phones too. Consumers can enjoy good quality voice to make international calls while adding access numbers before the particular abroad numbers from both mobile phones and landlines.

Related News