Banking, Investment Financial, Wireless Network, Wireless Technology

Place an order for research paper!

Database of essay examples, templates and tips for writing For only $9.90/page

Excerpt by Research Proposal:

Among the list of more clear reasons is the simple removal of expense and first construction costs for new financial institution branches. Although such costs are distributed by all banking consumers, it requires a sizeable primary investment for the bank, and customers might not be plentiful enough to make the posting of these costs feasible for either potential customers or maybe the banks. With mobile bank, not only will be the overhead costs of a physical department eliminated, but many transactions can certainly be executed without any get in touch with between the client and lender personnel. This eliminates expenses associated with branch banking while allowing more affordable entry to more complex solutions.

This decrease of expenses is visible in other types of branchless financial, as well, just like clearly be seen in the substantial reduction in costs when point-of-sale third party brokers were introduced to the microfinance arena (CGAP a 2009). Additional transaction cost savings will be introduced simply by mobile bank with the associated with these other agents in a large number of orders; only cash transactions need the physical presence associated with an agent. The spread of mobile phones sets technology capable of bank interfacing straight in the hands of many potential clients, increasingly such as poor (CGAP a 2009). The cheaper technology costs and accessibility to mobile bank devices is responsible for the distributed of microfinancing services, as well as the larger the pool of customers is the more enticing and affordable it becomes pertaining to banks to supply such solutions.

There are some downsides to mobile phone banking. Simple marketing programs to make consumers aware of a lot more complex the baking features available do not can be found, and instead fee-driven services such as transfers and payments are heavily offered (WorldBank 2008). As the spread of mobile technology will almost certainly continue to be advertiser-based, successful strategies for advertising the more complex but more economy-boosting providers that microfinance institutions can handle providing will have to be developed. In addition , though their costs are significantly lower, third-party agent fees are subject to more volatility and variance than branch fees, which could quite possibly harm the perception of such providers and microfinancing as a whole when the handling of money is concerned.


CGAP a (2009). “Mobile banking: Summary. ” Accessed 13 Nov 2009.

CGAP m (2009). “Technology: Project information. ” Accessed 13 November 2009.

WorldBank. (2008). “Mobile bank to transform microfinance. ” Accessed 13 November 2009.,contentMDK:21765683~pagePK:64257043~piPK:437376~theSitePK:4607,00.html

< Prev post Next post >

Recycling sidebar tire to tire taking the article

Landfill, Scientific Method, Style structure, Web Site Design Excerpt by Article Analyze: Magnum’s closed-loop recycling technology eliminates the green house gases created by old-fashioned taking processes, getting rid of the ...

Article bringing big info to individualized

Molecular, Overall wellness, Theory Of Caring, Environmental Health Excerpt from Content Review: healthcare unit that could permit physicians identify their patients’ susceptibility to future disease on the bases of their ...

Coping with organizational change an investigation

Resistance To Modify, Organizational Alter, Transformative Learning, Organisational Traditions Excerpt via Research Conventional paper: These are generally the two most effective factors that anchor the Force Field Model evaluation of ...

Credible alerts or phony alarms the particular

Al Qaeda, Attachment Theory, Intelligence Firms, Immigration Research from Case Study: Reliable Warnings or False Alerts? What the U. S. Knew on September 10, 2001′ This case study is to ...

Apple case study on code of integrity case study

Counterfeit, Computer Integrity, Code Of Ethics, Analyze Guide Research from Case Study: Apple Case Study Apple (NASDAQ: AAPL) is a global leader in the expansion, design, developing and promoting of ...

Marketing element of a business program business

Transmitting, Cola Battles, School Discount vouchers, Kraft Food Excerpt by Business Plan: Vending Machine Businsess Strategy Marketing business plan Location, environment and target audience Value task and competitive edge Marketing ...

Culture the term culture formerly described

Culture, Personal Culture, Anthropology, Archaeology Research from Essay: Lifestyle The term “culture” originally defined aspects of farming in farming but in the latest sense continues to be used in anthropology ...

Microsoft bong and yahoo using thefour ps

Search engines like google, Microsoft, Android, Google Excerpt from Composition: Ms Bong and Google Employing TheFour Playstation of Marketing Comparing Microsoft Ask and Yahoo Using the Promoting Mix Google’s dominance ...

Unix marketability requirements unix and job

Android, Smartphones, Enterprise Useful resource Planning, Microsoft company Windows Excerpt from Article: UNIX Marketability Requirements UNIX and Job Marketability, 2012 UNIX is the most-used operating system powering enterprise today, surpassing ...

Robert boyle first chemist to perform quantitative

Clinical Method, Temperatures, Mineral, Ireland in europe Excerpt via Term Newspaper: due to his work with the clinical method, quantitative methodology and hypothesis clarification, Robert Boyle of the 17th century ...

Category: Technology,

Topic: 2009 http,

Words: 466


Views: 545

Download now
Latest Essay Samples