Home » Announcement: Financial institution ceases web-based Internet Banking services, transitions to MyMo app for enhanced user experience.

Announcement: Financial institution ceases web-based Internet Banking services, transitions to MyMo app for enhanced user experience.

The GSB Bank has announced the discontinuation of GSB Internet Banking services for individual customers via their website, effective July 1, 2024. Customers can still conduct transactions through the MyMo app on their mobile phones, ATM/CDM machines, and at bank branches.

The rationale behind the decision to shut down internet banking services was not provided by the GSB Bank. However, following a trend seen in many banks that have previously closed their web-based services, it is likely due to a decrease in usage, while new features are being introduced primarily through the app.

Source: Facebook: GSB Society

TLDR: GSB Bank is ending GSB Internet Banking for individuals, citing a shift towards mobile app usage and other banking channels.

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