
Some of the other outcomes of the Revolution in the banking industry are Minimum Balance Alerts, Account Balance Enquiry, Account Statement Enquiry, Cheque Status Enquiry, Cheque Book Requests and Bill Payment Alerts. The last time that A Sms To China Mobile technology had a major impact in helping banks service their customers Sms To China Mobile was with the introduction of the Internet banking. However the biggest limitation of Internet banking is the requirement of a PC with an Internet connection, not a big obstacle if we look at the US and the European countries, but definitely a big barrier if we consider most of the developing countries of Asia like China and India. Mobile banking addresses this fundamental limitation of Internet banking, as it reduces the customerRequirement to just a mobile phone. Mobile usage has seen an explosive growth in most of the Asian economies like India, China and Korea. The main reason that Mobile banking scores over Internet banking is that Sms To China Mobile it enables ‘Anywhere Banking'. Customers now don't need access to a computer terminal to access their banks, they can now do so on the go – when they are waiting for their bus to work, when they are traveling or when they are waiting for their orders to come through in a restaurant.The scale at which Mobile banking has the potential to grow can be gauged by looking at the pace users are getting mobile in these big Asian economies.Revolution of Mobile phones in banking services:According to the Cellular Operators'Association of India (COAI) the mobile subscriber base in India crossed the 50 million mark in October 2005, which stood at 50.87 million. The explosion as most analysts say, the worldwide number of cellular subscribers will surpass 2 billion in 2005—up from 11M in 1990 and 750M in 2000. Worldwide cellular subscribers are forecasted to reach 3.2B by the end of 2010.Among the leaders in mobile technologies, most aggressive being Korea which is now witnessing the roll-out of some of the most advanced services using 3G technologies, like using mobile phones to pay bills in shops and restaurants. The growth of mobile technology over the last few years has enriched the progress of the mobile banking services. Technologies like IVR, SMS, WAP, J2ME, and J2EE & BREW have revolutionized the use the mobile phones in banking services. Though all the above predictions on cellular base, the Use of mobile technology with respect to banking services is at a very infant stage.
These mobile phones range from the simplest to the latest gadgets which can do all the work you can think of, through a mobile. These mobile phones come with all the accessories you can think of. Like the Phonebook having Quick Search, Search Entry, Copy All, Delete, Caller Group, Extra Number, Settings, Caller Video; Messaging including SMS, MMS, Chat, Voice Mail and Broadcast message; Multimedia having audio player, sound recorder and FM Radio; Services like STK; Organizer having calendar, alarm, to do list, message sound warning, call sound warning, world clock; Applications like file manager, anti –steal, black – list and games. Camera in most of them, is included. These are the basic features Xcite mobiles have, but as the grade of the mobile phones go high so does the features. To know more about the features included in the Xcite phones, apart from the elementary ones, you need to surf the net a little. However, these little pieces are really good in the work as can be said on the basis of survey in countries where they have already been launched. In India too, the consumers, have like the phone – though there isn’t a large scale of customers gearing up till now, but whosoever has bought them, have good word to say. One can have a look at these mobiles and their features by surfing the website of Xcite Mobiles or one can have a look at these mobiles as well as buy these from the online shopping stores like homeshop18.com. In stores like these, the products offered are cheaper than the market price. You can as well order for home delivery of the product only if you purchase from these stores. To know more about how to buy and make payments, just log on to their websites.