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m-banking

noun

  1. the practice of making financial transactions or managing bank accounts using mobile phone technology
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of m-banking1

C20: m ( obile ) + banking
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Example Sentences

M-Paisa has proven itself to be a success, but like other mobile-money deployments – including Kenya’s M-Pesa, also launched by Vodafone and considered to be the benchmark of m-banking solutions- it faces challenges.

From Time

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