Why it's important to implement apps for banks

June 18, 2021

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A large number of people currently have a smartphone, from which they can access the Internet and be connected virtually all the time, this provides new opportunities for the banking sector who have taken advantage of new technologies and have developed apps that allow customers to access your accounts from the comfort of a mobile phone, but that's just the beginning, banking apps allow you to do much more than check account statements. Nowadays it is only necessary to unblock the cell phone, touch the banking app icon, pass the security filters and the users have a bank branch that they can manage from their mobile device without having to stand in line or leave their house. Having to allocate an hour or more to go to the bank is no longer necessary or efficient, since mobility is part of people's lives and technology facilitates the experience since transactions can be made in a certain way from the mobile phone. agile and practical, without putting information or money at risk. The use of technology to facilitate banking procedures is not a new issue, but the different utilities that appear are. Therefore, every day more banking entities join the adoption of mobile app in order to offer greater convenience to their customers. The advantages of mobile applications are not limited to users of bank accounts. The companies are also part of the clients benefited from the technological developments since they can count on functionalities that allow them to access transactions for consultation and approval of transactions, make payroll payments, invoices, transfer funds to other accounts, among other services . The growth of a mobile app for banks is wide and extensive, some advances seem to aim to avoid the use of cash and cards. For example, mobile wallet applications use cell phones as payment devices through the use of QR codes, without maximum or minimum amounts, only according to the credit or debit card of the customer.