1 / 18

WEL COME

WEL COME. TO. SEMINOR. Presented By, AGNES SOWMYA 2 ND M.COM, 4 TH SEMESTER P.G. CENTRE HEMAGANGOTRI HASSAN. TOPIC. MOBILE BANKING IN INDIA. -Your Mobile Your Bank. contents. Introduction Current trend of I ndia Mobile banking services Benefits of mobile banking

xenos
Télécharger la présentation

WEL COME

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WEL COME TO SEMINOR

  2. Presented By, AGNES SOWMYA 2ND M.COM, 4TH SEMESTER P.G. CENTRE HEMAGANGOTRI HASSAN.

  3. TOPIC MOBILE BANKING IN INDIA -Your Mobile Your Bank

  4. contents • Introduction • Current trend of India • Mobile banking services • Benefits of mobile banking • Challenges of mobile banking • Business rules governing mobile banking services. • Modules of mobile banking • Conclusion

  5. INTRODUCTION The service is presently available on java enabled mobile phones over SMS/ GPRS/ WAP as also non java phones with GPRS connection. The service can be availed over the free GPRS facilities offered by various mobile service providers. The services for other non-Java mobile phones are under development and will be offered using Unstructured Supplementary Services Data (USSD).

  6. Cont… Mobile Banking scores over Internet Banking is that it enables ‘Anywhere Banking'. Customers now don't need access to a computer terminal to access their banks; they can now do so on the go – when they are waiting for their bus to work, When they are travelling or when they are waiting for their orders to come through in a restaurant

  7. CURRENT TREND IN INDIA The scale at which Mobile banking has the potential to grow can be gauged by looking at the pace users are getting mobile in these big Asian economies. According to the Cellular Operators' Association of India (COAI) the mobile subscriber base in India hit 60.6 million above in the August 2009. In September 2011 it added about 3.85 million more. The explosion as most analysts say, is yet to come as India has about one of the biggest untapped markets.

  8. MOBILE BANKING SERVICES • Account Balance Enquiry • Account Statement Enquiries. • Cheque Status Enquiry. • Cheque Book Requests. • Fund Transfer between Accounts. • Credit/Debit Alerts. • Minimum Balance Alerts. • Bill Payment Alerts. • Bill Payment. • Recent Transaction History Requests.

  9. BENEFITS OF MOBILE BANKING Mobile banking is a technology that allows you to access your bank account from a mobile device, usually a cell phone. There are several benefits to this technology, particularly for activity notification and account management while traveling. • Banking on the Go • Account Notification • Account Security • Paying Bills • Security • Locate ATMs • Make Deposits

  10. conclusion

  11. CHALLENGES OF MOBILE BANKING • COVERAGE One of the biggest challenges of mobile banking is cellular coverage. Across the country there are a number of different providers, but there is not necessarily nationwide coverage for these providers. • SECURITY . Fraud protection must be developed within the cell phone company. Network security is out of the control of the bank as well as data access and use.

  12. Cont… • CUSTOMER AUTHENTICATION It is more difficult to verify a customer's identity with mobile banking. Mobile banking allows for little to no customer contact.

  13. BUSINESS RULES GOVERNING MOBILE BANKING SERVICES • The Mobile Banking Service will be available to all the customers having a satisfactory running account (Current/ Savings). The customers will have to register for the services. • Daily transaction limits for fund transfer and bill/ merchant payment will be Rs.50,000/-per customer with an overall calendar month limit of Rs.2,50,000/- • The service will be carrier-agnostic i.e. all customers can avail the mobile banking service with the Bank irrespective of the service Provider for their mobiles. • The service is free of charge. However, the cost of SMS / GPRS connectivity will have to be borne by the customer

  14. SMS – SHORT MESSAGING SERVICE An SMS based service is hosted on a SMS gateway that further connects to the Mobile service providers SMS Centre. There are a couple of hosted IP based SMS gateways available in the market.

  15. WAP – WIRELESS ACCESS PROTOCOL The following figure demonstrates the framework for enabling mobile applications over WAP. The actually forms that go into a mobile application are stored on a WAP server, and served on demand. The WAP Gateway forms an access point to the internet from the mobile network.

More Related