1 / 2

7 key benefits of mobile banking in 2022

SBM Bank Kenya is a leading and trusted financial institution with an international footprint, headquartered in Mauritius and positioned to offer an unprecedented banking experience in Kenya to retail, SME and corporate clients. Following approval by the Central Bank of Kenya, the bank started its operations in Kenya in May 2017 and currently has a branch network of 41 branches countrywide complemented by ATMs, mobile banking, online banking, extensive agency banking services and an available contact centre to match our client base of over 100,000. Additionally, SBM Bank Kenya operates as an

Carla15
Download Presentation

7 key benefits of mobile banking in 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 7 key benefits of mobile banking in 2022 Here’s why you should use mobile banking in 2022 Mobile banking can warn you when you spend more than you have in your account, automatically move money into savings on your payday and let you set controls on your cards to restrict spending. Banking apps can also make it easy to send money to friends and to reach a customer service representative with the tap of a button. 1. Accessing the bank 24/7 Unlike a bank branch, mobile banking conveniently gives you access to your account anytime you like — with some exceptions, such as planned maintenance updates and unexpected outages. This ease of accessibility saves you time. Mobile check deposit, for example, a feature most banking apps offer, allows you to deposit a check on the go or from the comfort of your couch. Mobile banking can also help alleviate pandemic-related health worries and other concerns consumers may have regarding banking in person. 2. Optimizing your money The best mobile banking apps have evolved to help you manage your money with less effort. For example, the SBM Bank app offers checking account customers a feature to help organize their money digitally and optimize how much money they can save. The U.S. Bank app alerts customers when its algorithms spot money-saving opportunities or situations when an account is at risk of being overdrawn. 3. Paying IOUs When you are logged into your mobile banking app, it’s easy to pay back someone you know.

  2. 4. Strengthening security Banks are in the business of guarding your assets — including transactions made using their mobile apps. Though nothing is foolproof, there are ways you can step up security precautions if you’re concerned about mobile banking security. 5. Providing added controls Think of a mobile banking app as a remote control for your money. The app lets you deposit a check and send someone money whenever you wish. 6. Offering clarity about where your financial data is going Many consumers share bank data to use services like Venmo and Mint. Depending on how many outside apps you use, it can be quite taxing to remember which company has what bank data. So a number of banks are trying to help customers understand where it’s going by changing the way data is shared behind the scenes. 7. Giving you tailored options If you are looking for a like-minded community, mobile banking provides a variety of options to serve specific pockets of the population.

More Related