Thanks to eCommerce, the Internet and much improved logistics, have enabled us to buy a larger variety of products online. Over the past few years, companies such as Alibaba, Lazada, Shopee and other online shopping sites have risen to provide an alternative to online shoppers who once had few choices.
In order to take advantage of these avenues of online shoppings, you will need to have access to your online banking account, a credit card, or even a payment service such as PayPal.
To suit the digital lifestyle of the customers today, banks of the world today have undergone transformation. This is intended to enable their customers to manage their money remotely and securely
In fact, thanks to multiple security processes being put into place, digital banking is much safer than ever before. Take for example the RHB Now Mobile Banking App. For your safety and security, the app has been built with multiple layers of security to help protect your transactions. Thanks to this app, you can now quickly perform many standard banking functions online. This could be almost anything, from checking your account balance to transferring money between your own or other accounts.
These a Personalised Secret Word to authenticate your identity, the use of One Time Passwords via SMS (Short Message Service), firewalls that protect the programs from any unauthorised or malicious intrusion, as well as encryption that keeps your data safe during transmission. Of course, another major benefit of using digital banking is that you can get a complete overall picture of your cash flow anytime you need it. RHB My Money Tools extends the functionality of RHB Now further, giving you even greater control over your money. With a unified dashboard, RHB My Money Tools lets you plan your expenses more effectively. Additionally, an enhanced security feature – RHB Now Secure Plus is integrated to the mobile banking app to give customers peace of mind when performing transaction or transfer for RM10,000 and above.
For those who have already embraced digital banking, they probably can take one look at their much slimmer wallets to realise how much life has changed. No more wads of cash, where payments made through online channels and yes, even using smartphones as digital wallets.
You can even apply a housing loan / financing through the app and keep track of the applications anytime, anywhere thanks to the RHB MyHome App. The days of making multiple trips to apply for a housing loan / financing are the thing of the past. Whether you’re a first-time home seeker or a property investor, you’ll find such a technology a great convenience.
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