Mobile Banking App Features That Shouldn't Be Missed
Mobile App

Mobile Banking App Features That Shouldn't Be Missed

Banking mobile app features

Mobile Banking App Features That Shouldn\'t Be Missed

A significant boom in the number of people using mobile applications for several purposes hasn't gone unnoticed. Banks have also broadened their services by introducing mobile banking app to their customers. With such apps, customers can easily carry out all of their banking transactions on the go. In other words, it is considered as the quickest and the easiest way to manage money.

By using a mobile app for banking, there is no need to wait in queues to pay your utility bills. You can even pre-schedule your payments by simply opting for the auto-pay option. Also, you can view all your account and credit/debit card details. Some apps also offer a personalized mobile banking experience.

As per a recent report, by downloading and using apps for banking, managing money on the move allows people to save 96 million hours and also 24 million miles of travel. It is believed that the daily interaction with customers on their favorite device offers remarkable benefits.

Besides, a banking app is perfectly placed as a highly engaging as well as a trusted channel to present as well as sell other products and services. 

Mobile Banking App Features

1. Complete Details Of Transactions

A widely preferred banking app is not the one that only shows the number of payments made. In fact, it should also offer full contact information for the payee such as address and the phone number.

2. Intuitive Interface

The design of the app's interface needs to be clean as well as intuitive. There is a requirement to keep each screen simple and to make numbers, buttons as well as text large.

3. Offer Quick Balance

Users should be able to see their account balance with a simple swipe so that there should be any need of login. Hence, this feature should not be overlooked by the financial institution.

4. Good Customer Service

You can get help from a personal banker or can set up an appointment with a financial advisor. Also, you should have an option to browse FAQ's as well as video tutorials so that help can be acquired without speaking to anyone.

5. ATM/Branch Locator

A banking app should include this feature through which you can easily locate branches as well as ATMs either based on their current GPS location or a search function. Your results should include hours of operation.

6. Safe-to-spend

It is crucial to know the exact available balance so that you can save yourself from reckless spending. With this feature, you can know the amount left after scheduling bill payments.

7. Travel Notification

With this kind of feature, you can tell your financial institution that you are traveling with just a simple swipe or a tap.

8. Mobile Photo Bill Pay

This feature in a mobile banking app allows you to take a photo of your bill and the app will immediately upload all the important billing information due to which you easily set up a one-time or recurring payment.

9. Customization

You can view a list of your most frequent actions and accordingly, you can customize your dashboard, menu or interface as per your needs.

10. Account Security

Apart from using regular passwords, you can use biometric verification with the help of Fingerprint ID or a gesture-based password method.

These are some of the beneficial banking app features which allows you to complete all the banking transactions in a streamlined manner.

Tanya <span>Editor In Chief</span>
Written By
Tanya Editor In Chief

She is a content marketer and has more than five years of experience in IoT, blockchain, Web, and mobile development. In all these years, she closely followed the app development, and now she writes about the existing and the upcoming mobile app technologies. Her essence is more like a ballet dancer.

Mobile App

Google's Sister Company Jigsaw Introduces An App To Stop DNS Manipulation

2 min read  

Google Parent Company Alphabet’s another venture named, Jigsaw launches a new security app for the Android users. Intra, the newly launched app restricts the government bodies from performing the DNS manipulation that blocks them to access certain websites. With the help of Jigsaw’s app,

Mobile App

Microsoft Launcher Beta Update For Android Brings a Set of Exciting Features

4 min read  

Microsoft is rolling out a brand new update for the Microsoft launcher in the beta program with a set of exciting features for the users. A number of changes have been introduced with this update that includes app grid option, innovative user experience, great UI adjustment and a bug fixing feature.

Mobile App

Family Zoo: The Story Review

4 min read  

When it comes to new games, those which reflect an aspect of real life are often the most fun to play. We had The Sims on PC that allowed us to send Simians off on life paths we created for them. We had Farmville on Facebook which taught us the value of advance planning when it came to growing crops

Mobile App

Fintech Startup Curve Raises $55M For its Mobile Banking App, Boosting Its Valuation to $250M

4 min read  

Curve, the London-based fintech startup, has raised $55 million for its mobile payment app in the Series B funding round. Over the-top banking platform takes its total funding to date to $75 million.Curve app lets users combine multiple credit and debit cards in its single mobile banking app. &n