Question

What are the advantages of E-banking?
Justify your answer by giving 5 reasons..​

Answer 1

Answer:

The main advantages of electronic banking are: –

Offers convenience to customers since they are not required to go to the bank's facilities. There is a very low incidence of errors. The customer can obtain funds at any time from ATMs. Credit cards and debit cards allow customers to get discounts at points of sale.

Explanation:

Answer 2

Explanation:

Offers convenience to customers since they

are not required to go to the bank's facilities

There is a very low incidence of errors. The

customer can obtain funds at any time from

ATMs. Credit cards and debit cards allow

customers to get discounts at points of sale.