3 Important Precautions To Take While Carrying Out Mobile And Internet Banking Transactions

Mobile and internet banking are growing and increasing technology of our time that has come to stay and have succeeded in shaping the way we carry out our daily banking transactions.

Unlike before when you always have to go to banking hall to queue up in order to carry out all banking transactions but with mobile and internet banking technology, things have been made lot easier as you can now carry on most of your bank transactions on your mobile device or PC without having to leave the comfort of your home.

In as much as there are lots of advantages that are associated with mobile and internet banking services,  they are however not devoid from glitches and hence it is important to take good precautionary measures that we are going to be listing out below in order to always transact on those platform smoothly.

We might not be interested in spelling out the advantages and disadvantages that are associated with mobile and internet banking in this article, but you should bear in mind that the 3 important precautionary measures we have for you will assist you a great deal in your mobile and internet banking transactions, especially when you are dealing with transfer-money transactions.


Without further ado, here are the 3 major important precautions to take when carrying out transfer transactions on your mobile and internet banking platform in order to avoid stories that touches;

·     Since mobile and internet banking always have to do with network, whether you are using the new mobile banking code transfer method or other means, you should always ensure that the network is stable before transferring money; this is as to avoid failed transactions and sometimes double billing.

·     Secondly and very important, when you carry out a transfer transaction and you get a “time out” response or other error message, do not go ahead to retry the transactions; wait for like 30min or more and confirm first that the transaction was not completed before trying it again.

As in many occasions when such happens, the transactions is completed thereafter, but if you go ahead to retry it immediately after receiving error message, you might get double billed or billed the number of times you retried it.

·     Another important precaution mostly for GTbank users; do not go on using the  GTbank 737 mobile code to check your account balance unnecessarily as GTbank will charge you N10 each time you do so; therefore always check your account balance with the code if real need be.

Other important precautionary measures that you are familiar with, like always keeping your password secret and others should also be maintained at all times in addition to the 3 mentioned above.

By taking those measures at all times, you stand better chance of carrying out all your mobile and internet banking transactions without any glitches.
3 Important Precautions To Take While Carrying Out Mobile And Internet Banking Transactions 3 Important Precautions To Take While Carrying Out Mobile And Internet Banking Transactions Reviewed by Edwin Akwudolu on 5:32:00 PM Rating: 5

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