Digital Banking

With the advent of the internet and mobile apps, the number of people who visit banks in person has decreased to 10 percent, according to statistics. Today, 35 percent of people conduct banking transactions using mobile apps, 23 percent using computers , 21 percent using ATMs, and 11 percent over the telephone. To access mobile banking services, a mobile number must be linked to a bank account. Most financial transactions, such as paying various bills , making recharges , booking tickets , buying goods online , transferring funds , applying for a cheque book , and getting a mini-statement of the account, can be done through a mobile phone without going to the bank.