Question

Explain benefits of ICT in E-banking?

Answer 1

Importance of Information Technology in Banking. ... It is capable of encoding, reading and sorting cheques. (ii) Automated Payment Systems: Devices used here include Automatic Teller Machine (ATM), Plastic Cards and Electronic Funds Transfer.

I found this from Google.

Answer 2

Answer:its fast easy to use and reliable.....

Explanation:ict is a electronic way of working through the web and the abbreviations in full stand for information communication technology and E-banking stands for electronic banking this simply means banking through the internet....