With the increase in the popularity of mobile phones, consumers have desired to access financial services on their hand-held devices.
The Guntur Cooperative bank has been trying to meet this need of customers by offering up-to date services to its customers. As a part of it, Bank has introduced Mobile banking application to provide greater convenience and ease to its’ customers.
Bank is offering “Mobile banking” service to its’ customers to conduct financial transactions remotely using a mobile device such as a phone tablet.
Mobile banking is available on a 24-hour basis. Through these services customer can access any of his accounts linked with his/her mobile number.
Mobile banking is dependent on the availability of an internet or data connection to the mobile device
Transactions through mobile banking depend on the features of the GCUB Mobi app, which facilitates obtaining account balances and lists of latest transactions and funds transfers between customer's account to any account in the same bank or in other banks. The app also enables view of last ten transactions of customer’s accounts. Bank is also aiming to enhance the services extended through Mobile Banking in the coming days.