IMPACT OF E-BANKING SERVICES IN THE PRESENT ERA

The advent of web has initiated associate degree electronic revolution within the world banking sector. The dynamic and versatile nature of this line yet as its present reach has helped in investing a spread of urban centre activities. New banking intermediaries giving entirely new sorts of banking services have emerged as a result of innovative e-business models. E-banking offers client the management over nearly each facet of managing his bank accounts. Besides the shoppers will, get and sell securities, check exchange info, check currency rates, check balances, see that checks square measure cleared, transfer cash, read dealings history associate degreed avoid reaching to an actual bank. the simplest profit is that web banking is free. At several banks the client doesn’t ought to maintain a needed minimum balance, the second massive profit is healthier interest rates for the client. The term on-line banking is largely what's known as web banking, e-banking or virtual banking. A client uses associate degree electronic medium to go to the web site of a banking establishment for money transactions. Both, the medium and also the money service supplier along kind the term Electronic Banking. This paper aims to look at e-banking services of banking sector in Asian nation. E-banking services like ATM, Mobile banking, RTGS etc. The investigator concludes that customers ought to privy to new technology and updated themselves. However, there are several issues that is baby-faced by customers whereas victimisation e-banking services.

               

KEYWORDS: E-banking, Banking Industry, ATM, Mobile Banking, Debit Card, Mastercard.


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