Social media is changing your bank!

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With any major bank to open an account if the technology becomes vital role.

I do not ask for new customers rather than bank Selfi work gets underway. Now with the help of Facebook and Twitter may be many banking transactions.

Federal Bank has launched an app that simply by downloading Selfi Collect, please scan your card and savings account base will open immediately. Form filling out the affair.

If your profile on Facebook, ICICI Bank, Kotak Mahindra Bank and other banks are also allowed to transfer money.

To transfer money to your friends, so it would be great that they are in your Facebook friend list and more information about them at the bank do not have to know.

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Enter a coupon code generated from your account and send to your friend. Soon you will reach the money in his account. Yes, it'll need a smartphone or tablet app bank.

Similar to Twitter can be used for money transactions.

Via Twitter to take the money and two factor Tronkghakshn comes handy. This service utilizes a code is sent to the person's mobile.They have to use this code on the website. The code is not complete without Tronkghakshn.

A direct message on Twitter that use is also sent his account so that he is fully aware about Tronkgakshn.

About a year old this report , according to the country's nearly 12 million people are using social media. Of this, 10 million are using it on your smartphone.

These numbers have risen sharply in the past year and are sold as cheap smartphone market quickly. Facebook now more than 15 million in the country are about to use.

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They all know that Facebook is a favorite among young and he spends a lot of time with the smartphone.

ICICI Bank claims that since the introduction of payment through social media has been a case of fraud has come to light.

Companies on Facebook and Twitter so you can rely on these contain information about you and your photos are also often confirm that he's here is yours. Bank to collect information about you do not have to work.

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Banks to use social media to benefit customers is they can keep an eye on things. There are many social media software, which helps in understanding the needs and grievances of the people.