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Textual content messaging can be utilized to conduct banking transactions on-line.
Brief Message Service (SMS)
In some circles, mobile banking and SMS banking are synonymous. That’s as a result of SMS banking uses text messaging — the iconic activity of cell phone use. SMS works in both a push mode or a pull mode. In pull mode, the financial institution sends a one-manner text message to alert a mobile subscriber of a sure account scenario or to advertise a brand new financial institution service. In push mode, the cell subscriber sends a text message with a predefined request code to specific quantity. The bank then responds with a reply SMS containing the particular info.<br>
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