Which technology is utilized for mobile banking connectivity?

Mobile banking connectivity primarily relies on cellular technology and wireless networks. This technology enables users to access banking services via their mobile devices, such as smartphones and tablets, without needing a direct physical connection to a network. It allows for the transmission of data over cellular frequencies, which makes it convenient for users to perform transactions, check balances, and manage their accounts from virtually anywhere with cellular coverage.

Cellular technology supports various protocols, including 3G, 4G, and 5G, each offering different levels of speed and connectivity quality. Wireless networks, including Wi-Fi, also play a crucial role in mobile banking, allowing users to connect to the internet without mobile data charges in areas where Wi-Fi hotspots are available.

Other options like satellite communication, landline telephony, and direct wired connections are either less practical or not compatible with the mobile banking environment. While satellite communication can provide internet access in remote areas, it is not the primary means for typical mobile banking connectivity. Similarly, landline telephony and direct wired connections do not cater to the mobility aspect that is essential for mobile banking, since users are expecting to interact with their banking services while on the move.