Mobile banking literally brings financial management to your fingertips. For most people these days, the mobile phone has become the channel to get most things done, from connecting with friends and family, to being a recipe book, to getting instant access to the internet and so on. Your phone also plays a major role in improving your finances through mobile banking.

Mobile banking affords you the convenience of banking the way you want and at any time you want. It has in fact proved overtime to be the most convenient, easy to access and sustainable mode of banking and has a long-term effect of improving finances in the long run.

Here are some of the ways in which mobile banking can play the role of improving your finances:

1. Effective Account Management

Mobile banking allows you to easily manage all your account balances in one spot. You can easily access your balances and get a clear glimpse of your current financial status in order to examine and provide solutions for the lapses and excesses in your finances.

2. Swift Money Transfer

Keeping track of money as it comes and goes into your account can be a means of balancing. Research has shown that one of the best ways to budget and save is to move money from your checking to your savings account, before there is a reason to spend it.

Managing your accounts through a mobile app also puts you exclusively in charge of your money and helps you better gauge your financial standing. You can also check your balance and account statement on the go.

3. 24/7 Availability

The ability to access your bank at any time is quite time effective, the 24/7 availability of mobile banking basically saves you time.

4. Seamless Bill Payment

Mobile banking affords you the opportunity to pay your bills quickly and easily. You can make or receive payments with anyone online or through your mobile device. Not only is it time effective, it also saves you the stress of leaving your comfort zone to queue for bank transactions.

5. Security

Mobile banking secures your finance in that it increases the reliability of the financial transactions once you log into your mobile banking app by using a multi-level authentication system that demands the user to go through a two (or more) pronged security set-up before managing the account.

This includes a primary password, progressing a code that only you have access to or other biometric identification patterns that are unique to everyone to reduce the risks of forgery.

With the Changera app, you’re able to send money swiftly to loved ones across borders while being able to stay on top of your finances.

Download the app here.