Short messaging service (SMS) based m-banking system in context of Bangladesh

Abstract

Abstract_ -_ m-banking has become one of the most familiar banking service providing technologies in different western countries. Now-a-days billions of inhabitants of Bangladesh are within a network through mobile network coverage. But in the commercial sectors like banking, m-commerce technology has not been adopted broadly yet. Considering m-commerce perspective in Bangladesh a SMS based m-banking system has been proposed which is able to provide several essential banking services only sending SMS to bank server from any remote location. This proposed system is divided into five major phases: Interfacing Module, SMS Technology Adoption Module, SMS Banking Registration Module, Service Generation Module, and Data Failover Module. This system facilitates bank customers by providing four major services like balance enquiry , balance transfer between authenticated customers, DPS payment and bill payment without going to bank physically and save their precious time. At least, after evaluating each module of this developed system a satisfactory accuracy rate 93.18 % is obtained.

What Factors Need to Be Considered for Adopting M-Banking Services in a Developing Economy?

“…Despite the industry efforts to implement m-banking, not much research effort has been devoted to rural Bangladesh. Existing research efforts on M-banking in Bangladesh focused the customer and technology perspectives (Mousumi & Jamil 2010, Rayhan et al 2012 Customer Relationship Management is another factor affecting the adoption of m-banking. The relationship grows when banks start to think like a customer, and with the interaction with them on mobile banking, give valuable suggestions.…”

Smart Pigeonhole Alert System with SMS Notification

“…The design integrates a new black-box system with the GSM notification system to send alert information to traffic authorized personnel or Transport Department through Short Message Services (SMS). An m-banking system using the m-commerce technology to provide various banking services to the customers by sending SMS in a two-way communication for the banking sector is presented by Jamil and Mousumi (2008). The system consists of five modules: Interfacing Module, SMS Technology Adoption Module, SMS Banking Registration Module, Service Generation Module and Data Failover Module.…”

Sensor-based mobile pigeonhole alert system

“…Basically, the system is divided into three independents, yet interacting modules: the image capturing module which will automate the capture of images, the digital image processing module which will process the images and the short message service (SMS) server module which will receive SMSs from a user and reply back to him by an SMS. An m-banking system using the m-commerce technology for the banking sector is presented in 10 the aim was to provide a mobile banking platform that provides several essential banking services to customers by only sending SMS to bank server from any remote location. This proposed system was implemented by dividing it into five modules: Interfacing Module, SMS Technology Adoption Module, SMS Banking Registration Module, Service Generation Module and Data Failover Module.…”