E banking definition advantages and disadvantages
Answers
Answer:
Disadvantages : Technology and Service Interruptions. ...
Security and Identity Theft Concerns. ...
Limitations on Deposits. ...
Convenient but Not Always Faster. ...
Lack of Personal Banker Relationship
Advantages : Pay Your Bills Online. ...
View Your Transactions. ...
Transfer Money Between Accounts. ...
Mobile Banking. ...
Syncing With Your Money Applications.
E-banking refers to electronic banking or internet banking through which customers can perform banking functions through their bank accounts by connecting to the website of their respective banks.
Advantages:
Can pay Your Bills Online.
View Your Transactions.
Transfer Money Between Accounts.
Mobile Banking.
Syncing With Your Money Applications.
Disadvantages:
Technology and Service Interruptions.
Security and Identity Theft Concerns.
Limitations on Deposits.
Convenient but Not Always Faster.
Lack of Personal Banker Relationship.