Mobile Banking, also known as Online Banking, is the act of making financial transactions using your mobile device. It could be anything from your bank sending you alert messages to using an app to schedule bill payments. While Mobile Banking does have its limits and its own security concerns it allows you to manage your money anytime and anywhere.
Most banks now have apps that allow you to manage your account from your phone which allows you to:
Managing your account is important in order to prevent scams, theft and fees. By managing your accounts you can also increase the efficiency of your money and get you the best benefits offered.
Some simple tips on managing your account:
Ready, Set, Bank℠ gives people everywhere the tools and confidence to start banking online. Our videos guide learners through every step of the process, with overviews and step-by-step tutorials to help them manage their finances electronically.
