24-11-2012, 05:23 PM
internet banking
Presentation on inter banking.pptx (Size: 155.7 KB / Downloads: 52)
One of the important channels of service delivery by banking to its customer is through the internet
is a term used for performing transactions, payments and enquires etc. with one place electronically
Each account holder is provided a IPIN similar to that of the ATM or Phone banking PIN
Advantages
Internet banking account is simple to open and easy to operate.
Internet banking costs less and efficient
It is much fast and efficient.
Through Internet banking, you can keep an eye on your transactions and account balance all the time. This means that by the ease of monitoring your account.
dis advantages
You cannot use internet banking, in case, the bank’s server is down
You cannot have access to internet banking if you don’t have an internet
Security of transactions is a big issue. Your account information might get hacked by unauthorized people over the internet
sometimes it becomes difficult to note whether your transaction was successful or not. It may be due to the loss of internet connectivity in between, or due to a slow connection, or the bank’s server is down.