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List Five Features Available Through Online and Mobile Banking

question 46

Essay

List five features available through online and mobile banking.


Definitions:

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Conglomerate

A large corporation that owns a collection of different companies in various sectors or industries.

Return Rate

The profit or deficit experienced by an investment during a certain period, represented as a portion of the initial investment's value.

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses and not by government intervention.

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