Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?

Respuesta :

The benefits of mobile banking include Convenience, time saving,  Easy to monitor, Bank on the go and many more.

What is mobile banking?

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.

Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.

Learn more about Mobile banking here,

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