In comparison, mobile banking offers the facility of accessing banking products, which includes payments/remittances from bank account to bank account – either inter-bank or intra-bank. 3.7 Before embarking on the question of extending m-commerce facility, it is necessary to understand the risks.
In short, the Canadian economy last year was in a stronger position than we previously believed—operating close to capacity with inflation near target. Much of Governing Council’s deliberations focused on how persistent this recent slowdown in the domestic economy might be.