Heard a lot about mobile banking transactions. What is mobile banking? Transacting various banking services like banking, credit cards, bill payment and pre-paid mobile recharge from your mobile phone anytime and anywhere, is what is called mobile banking. Not just the balance enquiry and the details of previous transactions, one can also transfer funds within or outside bank accounts. Even requests for cheque books or cheque stop payments can be made. Banks normally do not charge a fee for this service, but certain transactions can be done only through GPRS enabled phones, which means you have to pay the airtime usage charges.
