News

MIB introduces mobile banking service

Maldives Islamic Bank (MIB) has introduced mobile banking service, FaisaMobile.
The mobile banking service will be provided with mobile applications on iOS and Android and will also be available on the Apple App Store and Google Play Store, according to MIB. FaisaMobile is the newest addition to its electronic banking services in Faisa product line. MIB revealed features of FaisaMobile include the common mobile banking features provided in the market, with enhanced and unique features.
Standard or common features of the service include checking of account balances and account histories, making transfers within a customer's own accounts, to other MIB accounts and to accounts of other local banks, sharing transfer receipts, favourite accounts or contacts management, contacting and sending messages to the bank, viewing locations of the bank's branches and ATMs, use of PIN and biometric authentication for securing the app and use of two-factor authentication to validate transactions.
Enhanced and unique features of FaisaMobile include saving and sharing transactions in user-friendly receipt cards, sorting and filtering account transactions, making transfers by dragging own account and dropping on favourite accounts, viewing status of cheque books and details of their cheques, viewing the clearing status of cheques, stopping and reporting lost cheques and viewing financing facilities of the customer in detail.
In addition to its mobile banking, MIB's electronic banking products and services include internet banking, FaisaNet, payment gateway, FaisaPay, Faisa ATM, Faisa POS and Faisa POS Cash.