Mobile Banking
Mobile banking refers to the use of mobile devices, such as smartphones and tablets, to perform financial transactions and manage bank accounts. This technology allows users in rural and underserved areas to access essential banking services without the need for physical bank branches. Through mobile banking, individuals can transfer money, pay bills, check account balances, and even secure microloans, fostering financial inclusion and economic empowerment. By bridging the gap between traditional banking infrastructure and remote communities, mobile banking plays a crucial role in advancing rural development and supporting humanitarian efforts.