Abstract: Banking is playing a dynamic role in the field of industry. Banking is one of the largest service provider’s forms several decades. Today the banking industry welcomes the wireless and mobile technology into the boardroom to offer their customer for making payments, balance checking and fund transfer. There are both positive and negative factors effect while acceptance of mobile banking. Therefore, it is important to know the present and future aspect of the technological changes in the banking sector and also to know the problems of the technological changes to suggest the measures for overcome the problems. The Mobile banking system is becoming important to the India therefore the study is concern with the mobile banking and its present and future status and problems and prospects.