Can Blackberry Apps Help Drive Efficiencies In Banking Sector?

Despite intense competition and high inflationary pressures

, India's banking sector will continue to show high growth owing to the country's strong economic expansion, credit rating agency Standard & Poor's (S&P) said. "Growth in India's banking sector will remain high, bolstered by sound economic growth prospects... We expect credit growth of about 20 per cent in the next fiscal year," S&P said.

Before we go on to the topic, lets describe why do we at all need any kind of mobile apps in a banking sector? A mobile apps makes the information regarding the products and services available to the customers on their mobile phones.And in a banking sector they help in providing information regarding all the products/services of a bank like current a/c, savings a/c, insurance, mutual funds, balance inquiry, transactions details, etc.It provides location based services to customers to find the branch ATM easily and also helps in building. The customer is reachable anywhere anytime. It provides updates to your customers about promotion and offers thereby increases sales.The customers can check balance, transfer funds, pay bills.Other services request like check book request, new card request and money order request etc can be processes.

Black berry application has various advantages over other mobile apps, which includes mobile banking (when customers use their handheld devices to access their accounts and pay their bills) as well as brokerage services, in which stock quotes can be displayed and trading conducted from the same handheld device. This provides you with a secure & convenient channel to link your existing credit cards, debit cards or bank accounts and carry out commerce transactions, including paying postpaid bills, recharging prepaid, paying Fixedline & Broadband bills, buying Movie or Air tickets, paying Insurance Premiums and much more.Through the mobile phone, consumers can conduct business transactions without being fixed at a computer terminal or being physically present at the shop. Blackberry application development offers personalization and real time transactions while on the move. Using blackberry apps the transactions are carried out with the help of an electronic device like cell phone. It also allows people to do shopping while they are on the move as with Mobile Commerce, an individual is not required to go to the shop in order to purchase products.

Mindfire Solutions is one of the pioneers in blackberry development. It has also gained adequate expertise in this field. Our software development team has years of experience in developing the above mentioned applications and projects in various industry domains.

Be it the dedication to serve, be it the exceptional transparent dealings or be it the personalized client centric focus, Mindfire has always shown the passion to create a long lasting business partnership with customers. Mindfire Solutions is a Microsoft Gold certified partner, an Apple developer connection premier member and has business partnerships with big names like IBM, Adobe and others.

by: Michelle Wills

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