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About Impact of E-Banking On Traditional Banking Services
This document summarizes the impact of e-banking on traditional banking services. It defines e-banking as providing financial services via the internet. It describes the functions of e-banking such as account inquiries, funds transfers, bill payments. It outlines advantages like lower costs and convenience. It also notes limitations around security and fraud risks. Finally, it states that e-banking transactions are cheaper than traditional banking, which could disadvantage banks with large branch networks by allowing e-banks to undercut their prices.
Detailed Information
| Author: | ['loveth konnia'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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