Mobile Banking: Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

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Answer 1

Question

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

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Answer 2

Question

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

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Answer 3

Question

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

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Answer 4

Question

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

Answer 6

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.

Answer 7

Chapter 2, Problem 1OC

Program Plan Intro

Mobile Banking:

Mobile banking is a process in which one can control their banking actions like transfer, deposit, paying bills and many more through a banking app. The application must be installed in the device like mobile or tablet.

Answer 8

Expert Solution & Answer

Explanation of Solution

Relation between closing of Banks and development of Mobile Banking Application:

The process of transfer, deposit, and withdrawal of money through the bank center takes lot of time and energy.
Using the mobile banking application, the candidate can transfer and deposit the money from any place and this doesn’t take much time.
Mobile banking not only has the services of banking options but also it provides many other services like paying bills, ordering items, and many other.
Using mobile banking is freer and eases comparing to the banking centers and this makes the people to choose the mobile banking over bank center.