Question

disadvantages of net banking essay for 5 marks​

Answer 1

Answer:

Disadvantages of Online Banking:

• Technology issues.
• Security issues.
• Inefficient at complex transactions.
• No relationship with personal banker.
• Inconvenient to make deposits.

Answer 2

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• Technology and Service Interruptions.
• Security and Identity Theft Concerns.
• Limitations on Deposits.
• Convenient but Not Always Faster.
• Lack of Personal Banker Relationship.