NEWS & ADVICE : AUTO INSURANCE
Usage of mobile banking increasing rapidly : Axis bank
By Neelima Shankar
Nov 14, 2014
Print    Email    RSS   

One of the top leading banks of the country – Axis bank has reported that number of banking transactions from mobile phones is increasing rapidly. Almost everyone today uses a smart phone therefore maximum people prefers using mobile facilities to carry out banking operations. With the growing pace of internet usage and mobile connectivity in the urban areas people are making maximum of banking from their mobile phones.

Banking transactions are shifting from ATMs to mobile phones. The data has also shown that usage of mobile and net banking has increased from 15 to 30% and on the other hand the role and usage of ATM has reduced to half. Transactions through mobiles are growing at the pace of about 4-5 times every month.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Kinds of auto insurance coverage
An insight into two wheeler insurance
A general guide to Auto Insurance
All about Vintage/Classic car insurance in...
Tips to reduce Auto Insurance Premium


How to know pnb account balance
I forgot my signature in bank dealing. How would i...
I forgot my signature in bank dealing. How would i...
How to find the canara bank ifsc code?
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan

NEWS THIS WEEK
New endowment plan launched by PNB met life Feb 18, 2015
Yes bank bagged High performance award 2014. Feb 13, 2015
Banks may strike at February end Feb 4, 2015
Reliance industries to enter in to banking in association with the SBI Feb 3, 2015
OBC bank reported a drop down in its net profit Jan 30, 2015
News Archive