Asked by Brajan Arcia Garcia on Apr 29, 2024

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The process of performing banking transactions with a smartphone or personal digital assistant (PDA) is known as ____ banking.

A) mail
B) online
C) mobile
D) telephone

Mobile Banking

A banking method that allows the bank customer to perform banking actions on his or her cell phone or other mobile device.

Banking Transactions

Financial activities conducted through a bank, such as deposits, withdrawals, transfers, and payments.

Smartphone

A smartphone is a mobile device that combines cellular connectivity, computing capabilities, and internet access, along with other functionalities.

  • Gain insight into the electronic banking transactions and the function of digital banking in contemporary society.
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Verified Answer

ZK
Zybrea KnightMay 06, 2024
Final Answer :
C
Explanation :
Mobile banking refers to the use of a smartphone or PDA to perform financial transactions, such as checking balances, transferring funds, and making payments.