Monday, November 11, 2013

Mobile banking gains momentum: monthly deals up 150% in 2013

....Mobile banking is comparatively a new phenomenon in India as it started in 2000 when HDFC Bank became the first bank to launch mobile banking. Initially, banks did not see much transactions but a big shift happened with the advent of smartphones. Though, smartphones are now generating major traffic on mobile banking, banking transactions can also be done on basic phones......

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