Meaning A Mobile Wallet is a digital application on your phone that stores payment details and allows secure…
Definition Mobile Banking is a service that allows users to perform banking transactions using a mobile phone. It…
Meaning A Micro ATM is a small, portable device used by banking agents to provide basic banking services…
Definition Limit-Based Transaction Control is a security feature that allows users to set daily or per-transaction limits on…
Meaning Lending Tech refers to the use of technology in the lending process to make borrowing faster, easier,…
Meaning A Fraud Detection System is a technology-based system that identifies suspicious or unauthorized transactions in real-time to…
Definition Fintech is short for Financial Technology. It refers to the use of technology to deliver financial services…
Meaning Fingerprint Banking allows users to access banking services using their fingerprint as authentication. It is commonly used…
Definition FASTag is an electronic toll collection system operated by the National Highway Authority of India (NHAI). It…
Meaning Facial Recognition KYC uses your facial features to verify your identity digitally. It captures and matches your…