( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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A SYSTEMATIC REVIEW ON E- BANKING TRANSACTIONS THROUGH MOBILE PHONES

    2 Author(s):  NARENDRA KUMAR, DR.V.K. SOMASUNDARAM

Vol -  3, Issue- 3 ,         Page(s) : 120 - 125  (2012 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

A feature of the banking industry across the globe has been that it is increasingly becoming turbulent and competitive, characterized by an increasing trend towards internationalization, mergers, takeovers and consolidation of the banking industry. Moreover a number of nonbanking companies are entering the banking industry by offering financial products and services. This has given a myriad of options to customers in choosing banking services. Internet banking has attracted the attention of banks, securities trading firms, brokerage houses, insurance companies, regulators and lawmakers in developing nations since the late 1990s. With the rapid and significant growth in electronic commerce, it is obvious that electronic (Internet) banking and payments are likely to advance. This study attempts to explore literature review on e-banking and gives conclusion on the basis of past studies.

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