Challenges & Essential of Mobile Banking in India

Abstract

Author(s): Pranav Patil; Sagar Madan Saitwal

As mobile is new technology in money and banking sector. This technology facilitate us to avoid wasting our time and supply facilities to induce the data concerning our account, dealings and transfer the cash from one account to a different account from anyplace and anytime however there is drawback in customer adoption, customer distrust on the mobile banking security. This is often an enormous drawback before of mobile banking. thus initial of all we have create trust on the customer by increasing security in mobile banking services and make it user friendly because of that user will use it in a simple means. the most objective of this paper is to neglect concerning mobile banking, advantage and advantage of mobile banking and security problems & challenge in mobile banking and get answer of mobile banking security.