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For longtime technology has made us gape at its possible virtues. We read about existing experiments in scientist labs. We heard of some queer happenings. It all appealed to us. We often fell short experiencing them. No more.
The pace or penetration of technology in our lives has awakened us from our dreams. Web banking is another addition in a series of technological wonders in the recent past. It makes our lives convenient. Imagine checking your account balance from the cozy comports from your home on a click of mouse. Internet has revolutionized one of the oldest trades in human civilization banking.
Today’s banks are no more housed in dingy places where employees sit upon ledger books, taking eternity to check the balance in your account. The banking sector has undoubtedly been early adopter of technology. From computerization to networking to ATMS and now E-banking, banks have moved up the value of chain.
WHAT IS WEB BANKING?
Internet banking has been called web banking, online banking, electronic banking, home banking, pc banking, and net banking. These are the similar Internet based products that help conduct remote banking transactions via the World Wide Web. The Internet may be as old as the hills. But many Indian banks have begun to realize its enormous potential only recently. Internet banking systems include account enquiries, funds transfer, electronic bill payment, transaction histories and account reconciliation capacities, all provided in an online and real time in simple terms it does not involve any physical exchange of money, that is, all money transactions takes place electronically, from one account to another using internet.
click here to download more information
The pace or penetration of technology in our lives has awakened us from our dreams. Web banking is another addition in a series of technological wonders in the recent past. It makes our lives convenient. Imagine checking your account balance from the cozy comports from your home on a click of mouse. Internet has revolutionized one of the oldest trades in human civilization banking.
Today’s banks are no more housed in dingy places where employees sit upon ledger books, taking eternity to check the balance in your account. The banking sector has undoubtedly been early adopter of technology. From computerization to networking to ATMS and now E-banking, banks have moved up the value of chain.
WHAT IS WEB BANKING?
Internet banking has been called web banking, online banking, electronic banking, home banking, pc banking, and net banking. These are the similar Internet based products that help conduct remote banking transactions via the World Wide Web. The Internet may be as old as the hills. But many Indian banks have begun to realize its enormous potential only recently. Internet banking systems include account enquiries, funds transfer, electronic bill payment, transaction histories and account reconciliation capacities, all provided in an online and real time in simple terms it does not involve any physical exchange of money, that is, all money transactions takes place electronically, from one account to another using internet.
click here to download more information
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