Which of the following cannot be done through a mobile banking app checking an account balance? (2024)

Which of the following cannot be done through a mobile banking app checking an account balance?

Through a mobile banking app, you can perform various tasks, such as checking an account balance, making a deposit, transferring money, and withdrawing cash. However, one thing that cannot be done through a mobile banking app is withdrawing cash. To withdraw cash, you would need to visit an ATM or a bank branch.

What cannot be done through a mobile banking app?

Final answer: Withdrawing cash cannot be done through a mobile banking app; one needs to use an ATM or visit a bank for that. Mobile banking, however, does allow deposit making, balance checking, and money transferring.

Which of the following can be done through a mobile banking app?

Final answer: A mobile banking app can be used for making deposits, checking account balances, and transferring money.

What is not a feature of a mobile banking app?

Explanation: A feature that is not typically associated with a mobile banking app is ordering food for delivery. Mobile banking apps are primarily designed to provide users with financial services, such as help from customer service, bill paying, and locating nearby financial institutions and ATMs.

Which of the following Cannot be done by online banking?

cash withdrawal is the task which cannot be performed via internet banking.

What are three examples of banking transactions that can be performed through a mobile app?

Online bank transactions are financial tasks that can be done through a bank's website or mobile apps, such as checking account balances, transferring funds, paying bills, depositing checks, applying for loans, managing investments, and more.

What are the requirements for mobile banking?

However, here are some common requirements for a mobile banking app: Money transfers, card management, personalization, QR code scanner, online payments, automatic bill payments, waller integration, safe passwords, user data privacy, security certificates, and secure authentication.

Which of the following is a feature of mobile banking?

Mobile Banking Features

Customers can log in to their app and view and track their account balances. Furthermore, it can refer to the total amount of money owed to a third party, such as a utility company, credit card company, mortgage banker, or other similar lender or creditor.

Which of the following are mobile banking capabilities?

What are the disadvantages of mobile banking?

Which of the following is not a type of mobile app?

A system app is not a type of mobile application. Mobile applications can generally be classified into three main categories: native apps, web apps, and hybrid apps. Native apps are applications that are developed specifically for a particular platform, such as Android or iOS.

What is the difference between a banking app and mobile banking?

The functionality of online and mobile banking

Internet Banking allows you to conduct online transactions through your PC or laptop and an internet connection. On the other hand, mobile banking can be done with or without internet. Many banks nowadays have their mobile apps for mobile banking.

What are three features of online and mobile banking?

Which of the following is not used in banking?

The term Zero hour is NOT used in the banking field.

Which of the following terms is not associated with banking operations?

Equinox is an phenomenon when the plane of Earth's equator passes through the center of the Sun. Thus it is a natural phenomenon and is not related with banking operations.

Which of the following is not the main function of banking?

Facilitating import of goods is not a primary function of a bank.

What are the 5 mobile banking activities most banks offer?

With a mobile banking app, you can check your account balances, access statements, track spending, make mobile deposits by taking pictures of checks, and even communicate directly with your bank.

How do mobile banking apps work?

Mobile banking is basically just banking through your phone via your bank's official app. Some of the things you can expect to be able to do include: Checking account balances. Managing existing accounts and opening new ones.

What are the three transactions you can do using electronic banking?

There are three key aspects of electronic banking: automated teller machines (ATMs), direct deposits and debit card purchases. Most people are familiar with ATMs as a method for withdrawing and depositing money quickly and easily. ATMs give you the flexibility to withdraw cash at almost any time.

How is mobile banking done?

Mobile banking is an online banking service provided by banks to their existing customers to access their banking account for carrying out a myriad of transactions using a mobile device, including smartphone and tablet, whenever users are connected to the internet.

What are the effects of mobile banking?

It contributes to the digitization of various sectors and accelerates the transition towards a cashless economy. By enabling quick and seamless transactions, mobile banking facilitates economic growth, reduces transaction costs, and promotes financial stability.

How to use mobile banking safely?

What is mobile banking in account?

Mobile banking refers to the use of a mobile device to carry out transactions. The service is provided by some financial institutions, especially banks. Mobile banking services can be categorized into the following: account information access, transactions, investments, support services, and content and news.

How do I activate mobile banking?

What is the feature of mobile payment?

Enhanced security features

Mobile payment systems utilise advanced security measures such as Touch ID, fingerprint authentication and passwords to ensure secure transactions. These methods offer a higher level of protection compared to cash.