Money Transactions through Mobile (Anywhere, Anytime, Anybody, Any needs) Punna Anil Kumar1, Punna Mahesh Kumar2 1Research Scholar, Department of Business Administration, Osmania University, Hyderabad, India, punnaanilkumar96@gmail.com 2Business Man Garments, Hyderabad, India, moneytransactionthroughmobile@gmail.co Online published on 17 July, 2017. Abstract Now a day's mobile banking is becoming an important tool to transfer money. There are so many Debit/Credit cards, internet banking, mobile banking and mobile wallet applications are available in the market nonetheless that applications didn't have success at least 10%. The proposed Money Transactions through Mobile (MTM) is a mobile banking application that is unique and is easy to use, compare to other applications. MTM is an end-to-end security fabric involving multi-stage authentication and authorization protocols to curb all illegal financial affairs and the freezes all channels of money laundering. This application is highly suitable for banking regulatory authority such as RBI and has a potential to change the entire finance sector and its money transfer scenario, with a higher market penetration capability within no time and beyond the success rate of the existing mobile banking applications. Top Keywords Mobile banking, Mobile number, Security, Currency conversion, Customer confirmation, Joint Account Option, Bank Account to Bank Account. Top |