Let’s begin with the basics

Many believe that mobile users have just started to fully utilize the data capabilities in their mobile phones.

Mobile phone penetration is very high throughout the world in all major countries in the Asian subcontinent, across Asia, Europe and the United States, as well as Africa and Australasia.

This opens up huge markets for financial institutions interested in offering value added services. With mobile technology, banks can offer a wide range of services to their customers from transferring funds on the go, paying bills, making purchases and even stock trading.

Here in Pakistan, a number of banks offer mobile banking services such as SMS alerts and min statements, though only one progressive bank – United Bank Limited – allows financial transactions through their mobile banking infrastructure.



Like you, I’ll be using this blog to discover more about the mobile banking universe by sharing my research. This plot can be quite an interesting one.