Mobile banking gains ground in Europe
N26, the first mobile bank in Europe, exceeded one billion euros in monthly transactions
Digital transactions have been for long around the world. Europe is at the forefront of online banking through the N26, the first bank in this modality. Currently, it reaches one billion transactions and one million customers.
The N26 was launched in 2015 through an application and customers who join this platform continue to increase. In fact, analysts believe that by 2020 it will reach 5 million. Thus, they hope to expand worldwide.
Speed and transparency in transactions are among the characteristics of digital technology that most captivate customers. In the case of N26, when the clients download the application to their smartphone they can open a bank account and the process takes only eight minutes.
Next, a MasterCard is assigned to handle finances via smartphone. With MoneyBeam they can make instant money transfers to their contact list. The best thing is that they can control and monitor all banking activity from home.
The users of digital banking, in general, appreciate the ease in terms of remote and orderly consultation, issuing of payments in record time, immediate notifications by text message, handling of different currencies, trust and security in transactions and prevention of bank crimes.
M.Pino
Source: Financial Tech
Receive this and all our information directly on your cell phone through our channel on Telegram: https://t.me/BitFinanceNews
