Top 5 Mobile Banking Benefits
There are a lot of us who remember a time when phones were reserved for landlines and computers came in the form of bulky laptops. However, over the course of several years, technology has accomplished some truly amazing things. One of them has been the smartphone: a device that is basically a mobile phone and mini-computer combined.
Since you can now be connected to the internet by phone, you can do all kinds of things. One of them would be¬†mobile banking. If you’re aware that this is a feature that you can use, but a part of you has been wondering if it really is worth trying out, here are five proven reasons why mobile banking can make your life so much easier.
Mobile banking is convenient. No one really likes to go to the bank during their business hours. Not because the people there aren’t nice and professional, but because there tend to be long lines (especially around lunch time or right before closing). However, when you do a lot of your banking over your smartphone, you don’t have to worry about carving out time to go to the bank. Plus, you can do mobile banking 24-hours per day.
Mobile banking lets you do many things. When it comes to things that you can specifically do when it comes to mobile banking, as more apps are being invented, the sky really is the limit. You can check your balances. You can review all of your recent deposits and withdrawals. You can pay your bills. You can find out where your banks’ closest ATMs are. In many cases, you can even deposit checks.
Mobile banking tends not to have fees. Although it may be only a matter of time before this particular “perk” changes, for now, when it comes to most banking institutions, there are no fees that come with using their mobile banking services. Anything that can be done free of charge is something that is always a bonus.
Mobile banking is very secure. If there’s a part of you that’s hesitant to use mobile banking because you fear that someone might end up breaking into your¬†bank account¬†or that it could make you a victim of identity theft, you can put your mind at ease. Being that malware tends to be a lot less of a threat when it comes to smartphones, this means that mobile banking is actually a lot more secure than online banking. However, do take note that there are things that you can do to make mobile banking ever more secure. For tips on how to do so, visit Money.HowStuffWorks.com and put “mobile banking security tips” in the search field.
Mobile banking is good for the environment. You might not have ever thought that checking your bank account with your smartphone would be good for the environment, but just think about it. By choosing to use your phone rather than actually driving to your bank, this means that you don’t have to use your car. As a direct result, you are putting less emissions out into the atmosphere. And the cleaner the air is, the better it is for everyone.