How mobile banking has changed our lives
July 17, 2023
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category: Technology
Mobile banking has revolutionised the way we manage our finances. Gone are the days of having to rush down to the bank during business hours to deposit a check(remember those things?) or pay a bill. With mobile banking, you can do all of that from the comfort of your own home, in Costa, Starbucks, or anywhere else, for that matter.
In the 1980's, banking was a much more time-consuming and inconvenient process. Customers had to physically visit a bank branch to conduct transactions or get information about their accounts. This often involved waiting in line and dealing with limited hours of operation. Can you imagine having to do that now? It would be a nightmare!
Mobile banking has essentially replaced high street hikes with a single tap. With a few taps on your phone, you can check your balance (reminding yourself of just how low your balance is), transfer funds, pay bills, and even deposit checks. You can also use your phone to find ATM locations, set up alerts, and get customer service.
Overall, mobile banking has made managing our finances easier and more convenient than ever before. It fits around your schedule and keeps the same hours as you do. You can check your balance, and manage your direct debits in seconds on a train, in a queue, or in a coffee shop. And if you ever need help, you can speak to customer service literally any time of the day, from anywhere in the world, it's fantastic. The only downside is occasionally experiencing difficulties talking to call centers with people who hardly speak English.
So next time you're feeling nostalgic about the good old days, just remember how much easier and more convenient things are now. With mobile banking, you can do everything you need to do from the palm of your hand.
Here are a few more things to be nostalgic about:
- Having to write out a check and mail it to pay a bill.
- Waiting in line at the ATM to withdraw cash.
- Getting a paper statement in the mail every month. (My wife still gets hers through the mail)
But now, thanks to mobile banking, all of that is a thing of the past. We can now live our lives without ever having to set foot in a bank branch. And that's a good thing!
