Definitely, today the traditional banking and financial services can not cover all requirements of the global community. Currently, because of the easy access of people to the electronic and virtual world, they are expecting new types of services and improvements in the financial sphere. Nevertheless, we are facing the online platforms that are providing banking services and replacing the traditional format of banking. In this short article, we want to introduce Monzo and its banking services that totally are in online format, and also discover its special service about overdraft.
Monzo & Its Features
As mentioned above, monzo is an alternative way for banking services that is totally in online format and will allow users to control all their banking activities by using monzo’s mobile app. With this platform, customers will be able to save, spend and manage their funds as easily as possible and in a totally secure community. Monzo is providing debit Mastercards that allows users not just to make their financial activities in online format but also with the physical cards and can have easy access to their funds by withdrawing it from any ATMs. Additionally, with saving funds, monzo is providing users with a 0.23% interest on their savings that in a period of time can be a huge money for the users. Should be noted that in the trips, customers still can use their monzo debit Mastercards, without any fees in case of withdrawal or exchange rates. Besides all mentioned services, monzo is trying to … READ MORE ...