Research Paper on Mobile Banking Essay
Mobile banking is a system in the sphere of banking which provides clients with the opportunity of getting access to their accounts and fulfilling various financial operations with their capital. Nowadays the humanity and the global economics can not work in the appropriate way without the assistance of banks. Nearly everyone has the account in a bank and it is physically impossible to operate the finance well without the online of mobile systems of client management. Successful and large banks have their own online and mobile banking system, which help their client conduct the operations faster and more efficiently. When one is not able to come to the bank in order to pay taxes or to solve some important problems, he can cope with the problem in the not less effective way – by phone.
It is easy to pay for goods and services with the help of the phone, pay taxes, send the money to other banking accounts, convert currency, etc. But the most useful function which makes mobile banking effective is its security. Nowadays every account is connected to the client’s mobile phone and it is impossible to conduct any financial operation without the confirmation from her mobile phone. When one wants to get the access to his online banking account, he has to log in into the system and the obligatory requirement for this action is the confirmation of the access from the mobile phone. Naturally, modern smart phones have additional functions which can make the control over the account and personal capital efficient.
Mobile banking is a useful service for the people who live in the rural area and do not have the opportunity to reach to the big city and the department of their bank. The student should dwell on the structure of mobile banking, the elements of its system, pay attention to the popularity of mobile banking in the world in comparison with other forms of banking. It is important to inform the reader about the principles of work of mobile banking, its advantages and disadvantages. The student should enumerate the services provided by mobile banking and provide the reader with the up-to-date facts on the topic. Finally, one should evaluate the importance of mobile banking for everyone and predict the further improvement of this service.
When the student is asked to prepare a professional research report, he is generally believed to be aware about the standards and norms of writing. Unfortunately, very few students can cope with the assignment without the help of a free example research report on mobile banking found online. It is reasonable to pay attention to a free sample research report on mobile banking, which can be useful for the understanding of the entire process of writing.