Mobile Banking

Mobile banking refers to the convenient practice of conducting financial transactions through a mobile device, such as a cell phone or tablet. This can range from basic activities like receiving alerts about fraud or account usage to more complex tasks like paying bills or transferring money internationally. Essentially, it's the online banking service that enables existing customers to access their accounts and perform various transactions via mobile devices whenever they are connected to the internet.

Sources:

Investopedia. Retrieved from: https://www.investopedia.com/terms/m/mobile-banking.asp

Cambridge English Dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/mobile-banking

Forbes. Retrieved from: https://www.forbes.com/advisor/in/banking/what-is-mobile-banking/