The effect of the application on electronic banking

The effect of the application on electronic banking

In this article, we try to examine the impact of applications on the development and expansion of electronic banking.
In this article, we are trying to examine the effect of creating a mobile application on the development and expansion of electronic banking. In today's modern business world, mobile applications and social networks are two main and effective elements that if people can use these two elements effectively If they use it correctly, they can guarantee their business and business future.

E-commerce requires the existence of mobile electronic banking for moving money and capital.

E-banking is basically banking that can transfer financial resources and financial information without the physical presence of the customer by using advanced software and hardware technologies based on network and telecommunications.

The ultimate goal of these systems is to provide services to customers in a safe and fast manner, which has created a new generation of banking called mobile banking with the expansion of the Internet and wireless networks. In general, mobile banking services can be divided into 4 categories according to the type of communication:

1. Notifications and Alerts (Notifications and Alerts) are provided in order to inform the customer about the operations that have been done or should be done on his account. Funds are deposited into the customer's account by a third party, when the loan installment is due, 2. Information, information related to operations and account balance at certain times, the account balance of the last few operations, the latest status of the received loan, 3. Requests (Application) Sending a request (letter of demand) by the customer regarding the account or specific operations, requesting the issuance of a check book or a bank document, ordering non-payment of a check. 4. Transfer of funds (Transfer) Transfer of funds between customer accounts or payment to a third party Paying a loan installment Paying a bill such as bills.

According to the available statistics, the scope of expanding the use of mobile devices is higher than any other technology, and this issue has turned mobile banking into a global revolution, which is happening in developing countries at the same rate as in developed countries. It is happening. Some of the active countries in the field of electronic services through mobile phones are: Germany, Italy, Japan, South Korea, Singapore, the United States, the Philippines and China, Germany, where mobile phone subscribers make their purchases online.

According to research conducted in recent years worldwide, the number of Internet users through tablets and smartphones (smartphones) has surpassed the number of Internet users through personal computers for the first time. This issue itself shows the strong potential of mobile commerce, which can take the largest share of electronic banking in the near future. Therefore, it can be said that in internet businesses, internet (mobile) banking is one of the most important areas of mobile business, which has wide connections and influence on other areas of mobile business. Most of the money transfers in the mobile trading network are done through banks and their mobile banking network, so mobile banking is connected with its customers on the one hand, and on the other hand, it is able to help other companies in the field of business. are electronically active, provide effective financial services.

Factors that have drawn the attention of banks to the optimal use of mobile devices; The unique possibility of mobile services in reducing the costs of providing banking services and their high speed and security is also due to problems such as carrying multiple payment cards in customers' wallets, keeping various paper receipts, lack of an automatic order registration system, lack of management on On various incompatible payment systems, the lack of support of sales terminals for all payment systems, etc., there is a great desire to create an integrated electronic payment system, which will greatly reduce the cost and risk of transactions.

And finally, with the expansion of smart phones, there was a huge revolution in e-commerce, so that it can be said that e-commerce has made significant progress and expansion. In the meantime, with the emergence of commercial and professional applications for smart phones with different operating systems. It made smart phones become a platform for the expansion of e-commerce among people.

electronic banking

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