Write a short note on e-banking
Answers
Explanation:
e banking is safe , fast ,easy and efficientelectronic service that enables usto access bank account And carry out online banking
Answer:
Online banking allows a user to conduct financial transactions via the Internet. Online banking is also known as internet banking or web banking
Explanation:
The main advantages of electronic banking are: –
The cost of operation per unit of services is lower for banks.
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.
The customer can easily transfer the funds from one place to another place electronically.