PRINT PDF

Print Friendly and PDF

Give four reasons for the increased use of mobile phones in banking

By -

Give four reasons for the increased use of mobile phones in banking. (4mks)

  1. Fast in transacting business
  2. Reduce s paper work
  3. May be used to pay utility bills
  4. One can access account balance
  5. Safe to use (use of secret pin) i.e. reduce risk of carrying cash
  6. May be used to buy airtime
  7. Easy transfer of funds from one account to another
  8. Easy to  monitor ones financial transactors details
  9. Easy transfer of money from account to phone for other transactions.



width=Virus-free.www.avast.com

Comments

Post a Comment

Talk about this Post:

ADTHIS

SHARE

sponsors

Latest Questions with Answers

Loading...

Popular posts from this blog

CHRISTIAN APPROACHES TO WEALTH, MONEY AND POVERTY KCSE QUESTIONS AND ANSWERS

By -
CHRISTIAN APPROACHES TO WEALTH, MONEY AND POVERTY KCSE QUESTIONS AND ANSWERS : CHRISTIAN APPROACHES TO WEALTH, MONEY AND POVERTY KCSE QUESTIONS AND ANSWERS CHRISTIAN APPROACHES TO WEALTH, MONEY AND POVERTY 1. [1991] Q2b, c b) State the teaching of Jesus on wealth Wealth should be worked for It is a gift from God Should be shared with the poor Can prevent people from worshipping God It is not permanent (rich fool) He should use wealth to get external life spreading the gospel c) Explain ways in which people misuse their wealth in society today Bribe for position or obtain something Bribe to escape punishment Use money to kill enemies, old people using money to reduce the young Prostitution Extravagant - buying two cars Buying dangerous weapons oppressing the poor exploitation Gambling. 2. 1994 Q 4b, c b) Give reasons why missionaries started schools To use them as means of evangelizing the Africans/ win African conver
Read more

State three recent developments that have taken place in Kenya to improve communication of information

By -
Image
State three recent developments that have taken place in Kenya to improve communication of information. (3 mks) Liberalization on the press Expansion of telephone facilities Introduction of mobile phones, pager services, e.t.c Liberalization of postal services Licensing of more private radio stations and television stations Virus-free. www.avast.com
Read more

Contact Form

Name

Email *

Message *