The days when the only way you could do banking or find out the state of your account was to line up at your local branch are long gone. Now all you have to do is pull out your cell phone and you can pay your bills, transfer money or check your account balance. Mobile banking reminders make it even easier, automatically telling you the state of your account. Take this quiz to see how much you know about mobile banking reminders.
When was the first ATM created?
Why did Shepherd-Barron invent the ATM?
He wanted to access his money on the weekends.
He wanted to deal with a machine rather than a person.
He didn't want to go to a bank branch to access money.
What capability do you need to have on your cell phone in order to use mobile banking?
a touch screen
Generally, what costs do you incur for using mobile banking?
In 2009 how many people were using mobile banking?
Why do people like mobile banking?
They can know what their account status is at any time.
They can check their accounts without anyone watching.
Phones are more affordable than computers.
How many trees would be saved each year if everyone did all their banking online?
What sort of information should you avoid giving on the phone?
your account number
What sort of mobile banking reminders can you receive?
daily account balances
notifications that an account has reached a certain amount
both of the above
What effect does Internet banking appear to be having on people's savings?