The Ministry of Education of Azerbaijan Republic The impacts of e-banking to the development of Azerbaijan economy

Types of mobile banking

   SMS is a bank account management account with sms sent to a bank's special number. Notwithstanding its simplicity, this service allows not only the availability of modern handsets, but also the use of banking services in mobile broadband access, for example in remote areas, as well as where mobile internet is expensive, for example, in foreign roaming.

    Java application is a more advanced mobile banking business and works in most modern telephones.

More "advanced" and user-friendly applications were created for modern mobile phones. These are Windows Mobile / Windows Phone, Android, Symbian, as well as ios, which is for i Phone and i Pad. These applications allow you to perform all the functions offered by the phones and are most comfortable.

   Banks that do not have a separate mobile banking system, which allow smartphones to use "lightweight" site versions in internet banking, they do not belong to mobile banking.

   One of the most important problems that arose during the use of mobile banking is the increase in fraud. Mobile banking systems could be provided with highly reliable means of protection. However, it is important to take into consideration the "average" user convenience to use these services. After all, not everyone has to read long instructions, pass through numerous identification procedures, and prefer to go to the nearest bank branch. Therefore, banks are using reasonable protection systems.

  IT professionals, as the main threat, include the loss of unencumbered access to information and the loss of physical damage to the device with the help of virus programs.

  Those who download antivirus programs to their smartphone are just rare lovers, because spreading viruses to mobile platforms is not as much as for desktop PCs. In addition, mobile operating systems themselves are not protected from the start.

  Bankers are advised to download an antivirus program, to be careful when downloading software from suspicious sources, and password protectively, when they follow very simple procedures that banks are reporting on their websites.

  It is also incorrect to open e-mails and SMS from non-familiar sources.

  The phones with the built-in bank can not be handed over to children. When repaired, you need to wipe the bank application or block it through the call center of the bank.

  Obviously, it does not need to close all bank accounts to the mobile banking system, especially when large balances remain, and it is more logical to separate a separate account that does not have much to do for a net fee.

  The modern phone, which is at the hands of the user, allows you to access your bank accounts anywhere and at any time. Another type of electronic banking services can not boast of such efficiency. It is no coincidence that British researches showed that mobile bank users check their bank accounts three times more than internet-banking users.

  True, today many experts say that mobile banking is just a complement to internet banking and will never be able to compete with it. However, there are those who think that since year after year mobile phones will not only compress home computers and laptops.