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m-banking

m-banking
 n.— «In many countries, mobile phones are already used on a small scale for deposits and remittances. This could be scaled up to become the new bank architecture of the 21st century. The biggest potential for m-banking, as it is called, is in India, where new mobile connections are growing at the phenomenal rate of 6 million per month.» —“Encourage a bank revolution by mobile phone” by Swaminathan S. Anklesaria Aiyar San Francisco Chronicle July 29, 2007. (source: Double-Tongued Dictionary)

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