You may be able to login to your mobile banking account using your net banking user credentials and then pay your bills. As per my experience, only few basic features are made available in mobile banking - like funds transfer, payment of bills, mobile recharging etc. You may not be able to register the new payee, or the new biller or schedule a standing payment; you will have to login to your net banking account to do that.
But the mobile banking site loads more faster than net banking and the webpage is usually not too lengthy. You can access mobile banking site either on your computer or on your mobile phone using the internet via GPRS or WLAN. Thanks -----Original Message----- From: accessindia-boun...@accessindia.org.in [mailto:accessindia-boun...@accessindia.org.in] On Behalf Of Zujar Shabbir Kanchwala Sent: 22 April 2012 10:56 To: surendra.salgaonk...@gmail.com; accessindia@accessindia.org.in Cc: Ganpati... Emails; sayeverything Subject: Re: [AI] Confusion! Hi Surendra, All these modes of payment provide comfort. ECS or Electronic Clearing Service helps pay bills regularly without remembering the due dates for payment. Once you opt for paying bills through ECS, it is paid up by the bank on a specific date with or without your consent. The good thing here is that you don't need to enter security details for each transaction. Anyway you may need to monitor the amount being charged and the amount being paid by the bank. You need to ensure sufficient balance in the account for the ECS transaction to be carried out successfully. NetBanking and payments using cards happen online - you pay the bills on your own convenient date. In netbanking you provide your netbanking ID/Password and mostly a one-time password to authorize the transaction. You get the flexibility to pay using any bank account if you have multiple accounts. Also you pay the amount as per your convenience - part payment or full payment. Note that you cannot pay more amount than your balance. In case of card payment, you need to enter card details like the 16-digit card number, its expiry date and CVV (the 3 digit code on the reverse of the card). It also requires a master card security code to authorize the transaction. You may need to memorize these details or take sighted help to read the details printed on the card and proceed with the transaction. You do have the option to pay using any card if you have more than one and it also helps you pay in part or full. Here you don't need to worry about your current bank balance but need to pay the credit card bill in time. Late payment of credit card bills attract heavy amount of penalty and interest which may prove the benefit costly. Also, you can use the card for making a payment using IVR (Interactive Voice Response) facility if your biller provides one. In this option a one-time password is required as mandated since a couple of months. This password remains valid for a limited period of time or for one transaction whichever happens earlier. Payment using mobile banking closely resembles netbanking with the difference that you can make the payment while on the go using GPRS enabled phone. I haven't exercised this option so can't say how the transaction is authorized. Expecting more members to share their viewpoints and experiences. On 4/21/12, Surendra Salgaonkar) <surendra.salgaonk...@gmail.com> wrote: > Dear ones, and head of the family, > I am bit confused! There are several modes are available for the > several bill payment, such as E.C.S, net, cards, mobile banking, and > so on. each one has its own good and bad aspects. > So which mode is the best one? Or the old one is To stand in queue? I > am confused, & making you confused. Think deeply lower risks, higher > risks, I am not in hurry... Think consciously and then share! > Thank you & good luck! > Surendra Salgaonkar > Mobile,+919867645933 > Phone,02226473918 > Emails > surendra.salgaon...@sbi.co.in > salgaonkarconce...@rediffmail.com > Skype, > salgaonkarskype > > > > Search for old postings at: > http://www.mail-archive.com/accessindia@accessindia.org.in/ > > To unsubscribe send a message to > accessindia-requ...@accessindia.org.in > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, > please visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org > .in > > -- Best Regards, Zujar... An optimist laughs to forget, whereas a pessimist forgets to laugh! Search for old postings at: http://www.mail-archive.com/accessindia@accessindia.org.in/ To unsubscribe send a message to accessindia-requ...@accessindia.org.in with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/accessindia@accessindia.org.in/ To unsubscribe send a message to accessindia-requ...@accessindia.org.in with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
