Passang Tshering

06 10, 2023

eTeeru: 3 Reasons Why You Need It Alongside Your Mobile Banking App

In the realm of digital banking, Bhutan stands out among its neighbors, having embraced the concept ahead of the curve. While some countries still rely on cash and others have transitioned to cards, Bhutan skipped the card phase entirely. While mobile banking has made significant strides, there's another player in the market that deserves your attention: eTeeru. Following are three compelling reasons why eTeeru is worth considering alongside your mobile banking app.

1. Enhanced Security:

With eTeeru, you gain an additional layer of security to safeguard your finances. Losing your phone or compromising your password doesn't have to result in a catastrophic loss. eTeeru acts as a protective barrier, limiting potential damage. Even if your eTeeru wallet is compromised, the amount of money at risk is confined to what's stored within the wallet. On the other hand, mobile banking apps establish a direct connection to your bank account, potentially exposing your entire savings in the event of a security breach. Choosing eTeeru adds an extra level of protection, giving you peace of mind.

2. Empowering Financial Management for Children:

eTeeru offers a unique advantage by allowing you to create an account without the need for a traditional bank account. This digital wallet app encompasses all the features found in mobile banking apps, including merchant payments, mobile recharges, bill payments, and even money transfers. It's an ideal solution for parents who want to introduce their children to digital banking and finance management without the requirement of a bank account.

3. Reliability during Banking System Downtime:

As we increasingly rely on mobile banking and digital wallet apps, carrying cash has become less common. However, there are instances when the banking system experiences technical issues, leaving us in an awkward situation when we're unable to make payments using our banking apps. This inconvenience can be avoided by having eTeeru as a backup option. Unlike mobile banking apps, eTeeru operates independently of banks, ensuring that you can still make transactions even when the banking system is down. By having eTeeru at your disposal, you can confidently complete your purchases and enjoy a seamless payment experience. It can save your face especially when you have finished eating at a restaurant and banking app doesn’t work.

While mobile banking apps have undoubtedly revolutionized financial transactions, eTeeru offers distinct advantages that make it a valuable addition to your digital payment arsenal. Its enhanced security measures protect your finances, its flexibility enables children to engage in financial management, and its independence from the banking system ensures uninterrupted transactions. Therefore, it’s worth considering eTeeru alongside your mobile banking app for a comprehensive and secure digital banking experience, if you haven’t done it yet.


Passang Tshering

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