Which of the following is a feature of online banking?

The advantage of mobile money management apps as a feature of online banking is that they empower users to manage their finances conveniently and efficiently from their smartphones or tablets. These apps often provide functionalities such as checking account balances, transferring funds, paying bills, and tracking spending habits—all in real-time and from virtually anywhere. This accessibility and immediacy align with the primary goals of online banking, which is to make banking more user-friendly and responsive to customer needs.

In contrast, the other options highlight limitations rather than features associated with online banking. Access during bank hours only suggests a restriction that is not typical of online banking, which is designed for 24/7 use. Paper statements being the only option reflects a traditional banking practice that conflicts with the digital focus of online banking. Limited accessibility also fails to capture the core benefit of online banking, which is the enhanced access and convenience it provides to account holders.