What are the requirements for using mobile banking?
Some banks require the customer to register for mobile banking by filling up a registration form and submitting an identity proof with the form to a bank branch. The customer is required to download the bank’s mobile banking application from the app store, based on the make and model of the mobile phone they use.
What are the functions of Internet banking?
Features of Online Banking
- Check the account statement online.
- Open a fixed deposit account.
- Pay utility bills such as water bill and electricity bill.
- Make merchant payments.
- Transfer funds.
- Order for a cheque book.
- Buy general insurance.
- Recharge prepaid mobile/DTH.
What are functional requirements of an application?
A Functional Requirement (FR) is a description of the service that the software must offer. It describes a software system or its component. A function is nothing but inputs to the software system, its behavior, and outputs.
What is the meaning of online banking?
Internet banking
Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking. Online banking offers customers almost every service traditionally available through a local branch including deposits, transfers, and online bill payments.
What type of function can be performed by using online banking?
Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and making payments.
What are the steps of online banking?
How Can You Open a Netbanking Account?
- Approach Your Bank for a Netbanking Account. Your first step to begin a netbanking account is to approach your bank to enable an online banking facility for your existing bank account.
- Collect Your User ID and Password.
- Generate New User ID and Password.
- Begin Transactions Online.
How do you write a functional requirement for a website?
The list of examples of functional requirements includes:
- Business Rules.
- Transaction corrections, adjustments, and cancellations.
- Administrative functions.
- Authentication.
- Authorization levels.
- Audit Tracking.
- External Interfaces.
- Certification Requirements.
What are functional requirements of a website?
Functional Requirements provide details of how a product should behave and specify what is needed for development. Quality-of-Service Requirements detail what characteristics a product must maintain in order to maintain its effectiveness and any constraints.
How do you do functional requirements?
Well-written functional requirements typically have the following characteristics:
- Necessary. Although functional requirements may have different priority, every one of them needs to relate to a particular business goal or user requirement.
- Concise.
- Attainable.
- Granular.
- Consistent.
- Verifiable.