MKB Mobilbankár is transforming the banking sector in Hungary: The Mobile Revolution
MKB Mobilbankár is a mobile banking application developed by Hungary’s leading financial institution, MKB Bank. With this app, customers can access their accounts, make transactions and manage their finances from their mobile devices anytime, anywhere. In this post, we will talk about the characteristics of MKB Mobilbankár, the benefits it offers to customers, and how it is transforming the banking sector in Hungary.
Features of MKB Mobilbankár
MKB Mobilbankár was created with the user in mind. Its user-friendly interface allows customers to access their accounts quickly and easily. The app is available for both Android and iOS devices, and customers can download it from Google Play or the App Store. Some of the main features of the app are:
- Account management: With MKB Mobilbankár, customers can view their account balance, transaction history, and statements. They can also transfer money between accounts, make payments and set up standing orders.
- Card management: Customers can use the application to manage their MKB Bank debit and credit cards. They can check their card balance, view their transaction history, and block their cards in case of loss or theft.
- Currency Exchange: Customers can exchange currency at competitive rates using the app. The app supports multiple currencies including EUR, USD, GBP, CHF and HUF.
- Investment Management: Customers can view their investment portfolio, buy and sell securities, and receive market news and alerts.
- Credit management: Customers can use the application to apply for a loan, view their credit information and repay the loan.
The advantages of MKB Mobilbankár
MKB Mobilbankár offers its customers many advantages, including:
- Convenience: The app allows customers to manage their finances on the go without visiting a branch or using a computer. They can check their account balances, pay bills and transfer money anytime, anywhere.
- Security: MKB Mobile Bank uses the most modern security measures to protect customer data and transactions. Customers can use their fingerprint or PIN to log into the app, and all transactions are encrypted.
- Cost savings: Using the app, customers can save time and money. They can avoid visiting a bank branch or ATM and avoid late fees by paying bills on time.
- Personalization: Customers can customize their application settings according to their own needs. They can choose their preferred language, set notifications and customize their dashboard.
Transformation of the banking sector in Hungary
MKB Mobilbankár is changing the way money is managed in Hungary. The application is part of a wider trend towards digitization in the banking sector. Banks are investing heavily in mobile and online banking to meet customers’ convenience and accessibility needs. According to KPMG’s report, 72 percent of Hungarians use mobile banking, and the trend is expected to continue.
The mobile banking service has many advantages for banks. It enables them to reduce their costs by automating routine tasks and reducing the need for physical branches. It also allows them to offer more personalized services to customers by analyzing their data and behavior.
Table 1: Mobile banking acceptance in Hungary
| Year | % of Population |
|---|---|
| 2018 | 62% |
| 2019 | 68% |
| 2020 | 72% |
MKB Bank is at the forefront of the digitalization of the banking sector. In addition to MKB Mobilbankár, the bank also launched other digital services, such as a chatbot and an online investment platform. The bank has also invested in artificial intelligence and machine learning to improve its customer service and fraud prevention capabilities.
MKB Mobilbankár is a key player in the Hungarian banking sector. The app offers customers a convenient and secure way to manage their finances on the go. It also brings many benefits to banks, including cost savings and better customer service. Due to the high prevalence of mobile banking services in Hungary, it is clear that digitization is the future of banking. MKB Bank’s investment in mobile and online banking is a step in the right direction towards meeting customer needs and the competitiveness of the industry. With the development of technology, we can expect more and more innovative services from MKB Bank and other Hungarian financial institutions.
