Difference Between Mobile Banking And Internet Banking
The major dissimilarities or difference between mobile banking and internet banking (online banking) can be described as follows:
1. Introduction
Mobile Banking: Banking facilities that can be performed by using mobile phones through mobile application
Internet Banking: Banking facilities that can be performed by using computer and laptop through the bank's website.
2. Accessed Through
Mobile Banking: By downloading and installing the mobile application of bank
Internet Banking: By opening the bank's website on a browser (chrome, firefox, internet explorer etc.)
3. Device Used
Mobile Banking: Mobile and smart phone
Internet Banking: Computer (desktop or laptop)
4. Requirement
Mobile Banking: Should be registered with the help of mobile number and password.
Internet Banking: User ID and password is required to get access.
5. Services
Mobile Banking: Limited services are provided
Internet Banking: More services are available in this system
Also Read:
Also Read:
6. Notifications
Mobile Banking: It provides push notification service
Internet Banking: It does not provide push notification service
7. Convenience
Mobile Banking: It is more convenience and easy to use than internet banking.
Internet Banking: It is a little difficult and inconvenience while comparing to mobile banking.
Mobile Banking Vs Internet Banking (Comparison Chart)
I hope this post is helpful to understand the difference between mobile banking and internet banking and to make comparison between them.
Mobile Banking Vs Internet Banking (Comparison Chart)
Basis For Difference
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Mobile Banking
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Internet Banking
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Introduction
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Banking facilities performed through mobile application
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Banking facilities performed through websites
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Device Used
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Mobile/Smart phones
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Computers/Laptops
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Accessed Through
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Bank's mobile application
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Bank's website
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Requirements
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WIFI or data, mobile number and password
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User Id, password and internet connection
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Services
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Limited
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More
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Push Notifications
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Yes
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Convenience
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More
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Less
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I hope this post is helpful to understand the difference between mobile banking and internet banking and to make comparison between them.
