Explain three major benefits of mobile banking (M-banking)

      

Explain three major benefits of mobile banking (M-banking).

  

Answers


gregory
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Allowing for immediate transactions (meaning the unbanked become banking customers).
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An alternative to carrying cash which in turn means better cash retention.
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Increased security and payment efficiencies
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Reduced dependency on ATMs and branch infrastructures (meaning lowering of operating
expenditure) etc
gregorymasila answered the question on November 27, 2017 at 11:08


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