Comparative Study of Various Mobile Applications for Mobile Banking

Abstract

A mobile application software popularly known as mobile app is basically a software application that is made to run on any portable mobile devices like smartphones, ipads, tablets, etc. Majority of such portable devices are sold with pre-installed operating system, system software and many applications. The applications such as web browser, calendar, media player, email client etc. Usually the mobile users can add or remove the application from their phones. Majority of the mobile gadgets support Android, an open source operating systems. Application developers develop lot of mobile apps for the Android based mobile platforms and they are available in a pool of repository called as App Store. Users can download these apps from the app store and install in their mobile phones. With recent initiatives, mobile banking is taking over internet banking systems. Both the Government and Banks are providing variety of mobile applications that differ from types of customers and the types of transactions. This chapter provides the survey of different mobile apps with their features, security, ease of operation and the limitations