Based on a Juniper forecast, over 1.75 billion cell phone users uses their devices for banking purposes through the finish of 2019 – versus 800 million in 2014. In addition, the amount of mobile banking users is placed to exceed the entire quantity of internet banking users through the finish from the forecast period. This forecast of just one.75 billion mobile banking users implies that almost 32 percent from the global adult population in 2019 are mobile banking users.
Emerging Role of Apps and Smart Wearable Devices
However, the marketplace study discovered that in the last 12 several weeks electronic devices vendors happen to be working towards integrating a brand new funnel in to the mix, which to be the latest smart wearable devices. “Customers, particularly individuals of Gen Y, are drawn to banks that provide innovative and exciting new releases. Banks are wanting to capture these customers early and get lock-in. The opportunity to offer leading edge banking services and applications is another method for banks to secure customer loyalty while increasing client satisfaction.
Smartphone and tablet apps not just provide you with faster use of username and passwords but additionally use device’s built-in functions to supply a better banking experience. Mobile banking apps are nowadays becoming the necessity of most effective and quickest. Nowadays, through banking apps there are plenty a lot of things which are made simpler like:
Deposit checks with supported Android, Apple, and Home windows Phone devices.
View check and deposit images
Settle payments & Transfer funds
Receive and send money by current email address or mobile number
Explore detailed account activity
View balance information
Utilize Gps navigation to obtain one-touch access and directions to ATM / location information
Get fast access to Sign Up screen
Wearables and apps possess the capacity of getting contextual information together inside a highly convenient and personalized manner. They offer the opportunity of the brand new possibilities for banking.Today, every customer wants convenient banking services on their own schedule.
Whether users take presctiption mobile or tablet, or desktop, AppStudioz offers a customer-centric, secure, unified and personalized application experience that fits their every banking need. Visit our Portfolio to understand more.