Financial well-being November 28, 2016 By
According to statista.com, the worldwide number of mobile phone users is predicted to reach 4.61 billion in 2016. For most people, mobile phones have become a necessity, possibly even a “crutch,” because they give us the confidence and comfort of knowing that we are one call away from anyone, anywhere, at any time.
Since the worldwide number of mobile phone users has become so large, it’s no surprise that mobile banking has become one of the easiest ways for customers to access their account(s), 24-hours a day, 7-days a week. When you combine mobile phones with banking, mobile banking can give you a whole new type of confidence and comfort, knowing that you can manage your finances at any time, from anywhere.
Here are some common benefits for using mobile banking:
- Convenience, convenience, convenience! You can conduct nearly all of your financial business — including deposits — wherever you are and whenever you want. Need to transfer funds while you’re at dinner to make sure you have enough to cover the bill? You can with mobile banking. Do you need to deposit a check while you're on your way out of town? You can with mobile banking.
- Secure way to bank. Mobile banking allows you the same security you have with online banking or even using an ATM. Simply login or use your fingerprint (if available, such as with First United Bank) to get started. Plus, when you keep your phone locked, no one can access your personal information.
- Account alerts. You can set up account alerts for many different reasons through mobile banking. Maybe you want to know when your checking account balance is under $500. You can set up an alert to text you when this happens allowing you to make the adjustments you need — all through your phone.
Regularly managing your bank account is just one of the many ways you can improve your financial well-being. Since mobile banking gives you quick and easy access to your accounts and other features, you have an opportunity to manage your finances more often.
