Mobile banking was already gaining popularity when the coronavirus pandemic struck, but the disruptions and restrictions caused by COVID-19 have moved banking by app from novelty to necessity.
Mobile banking’s significance became more profound when branch hours have been reduced, and many bank call centres are no longer open 24/7.
The benefits of mobile banking include;
1) Convenience
Mobile banking conveniently gives you access to your account anytime you like. You can perform activities like checking account balances, transferring funds, paying bills, and more.
2) Time saving
This ease of accessibility to banking operations saves you time. We’re all placing a lot more value on our own time, and with mobile baking, we can do our banking from the comfort of our rooms – a trip to the branch will not be necessary anymore.
3) Live-chat (Customer service)
Have a question about a transaction on your account? Use the chat feature to have a secure live conversation with a support officer that will take your complaints and get them resolved immediately.
4) Good for budgeting
With access to your cash transactions and account balances at your fingertips, you can make logical financial decisions before you spend and make sure you’re on track to meet budgeting goals.
5) Instant Loans
Need a personal loan or business loan? There is no need to visit the branch when you can apply for financing through the mobile app, and your loan will be disbursed instantly.
6) Statement of account
Gone are those days when you have to visit your bank to request your account statement. Now you can request your statement of account just with a simple click of a button. Statement of account is at no cost on the Adspire mobile app.
7) Secured Platform
Most banking apps use multifactor authentication to secure the account of the customers. Users are required at least two kinds of verification to login into their accounts. The first is the account credentials (username and password) followed by a text with a numeric code sent to your phone or a code from your token device that must be submitted to gain access to the account.
Mobile banking is designed to help you in all kinds of ways — some of which are fundamentally redefining the role of a bank.
Download Adspire mobile app to enjoy the benefits of Mobile Banking.
Download Link:
Android: bit.ly/3E1AeTl
IOS: apple.co/3EhIXk
