(MoneyNewsWire.Net, March 20, 2018 ) “Global Mobile Banking Market Research Report 2017”.
Mobile banking systems allow users to avail various banking and financial services using telecommunication devices. These services include various information and monetary transactions having evolved from simple SMS banking to complex processes of access to information, investments, support and content services, covering personal as well as the business sectors. Mobile banking system has the following entities as its participants: platform providers of mobile money, telecom operators, payment processors, financial institutions, money transfer agents and regulators. Opportunities in the market are categorized on the basis of transaction mode (sms, wap, direct operator billing, smart cards/nfc, etc.), payment location, nature of payments (P2P, P2B, B2P, B2B) and type of purchases made (transfers, top ups, coupons, merchandise).
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At present, there are approx. 53 million active users of mobile banking in the U.S. Earlier, mobile banking was nothing but a SMS banking service. Until 1999, banks offered mobile banking through SMS. Recent advent of smartphones has changed the scenario and now mobile banking is a web-based service provided through mobile web. Mobile banking must not be confused with other features such as mobile wallet that allow transactions through mobiles at the point of sale. Rising adoption of Smartphones and technological advancements are primary driving factors for this market. Lack of awareness regarding the actual features of a mobile app developed for mobile banking is moderately challenging its adoption. This report studies Mobile Banking in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
HSBC Mobile Banking
ICICI Bank Mobile Banking
U.S. Bank
Santander?Mobile Banking
Barclays
SBI
TSB Bank
ICBC Bank
MBS
CCB
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