Friday, 25 March 2011

Banking online


Advantage
Banking online allows members to check their balance on the computer through the internet. It shows your bank details faster then ATM machines also your online show if you have recently keep withdraw money from your account. Also you don’t have to wait in a queue to use the ATM machine to find out your balance because you have access to your account 24/7. 
Disadvantage
The main concern for most people is trust. They may wonder if their transaction went through successfully or if they clicked on the correct button. The best way to conquer this discomfort is to make a habit of printing the transaction receipt. Keep this receipt until your bank statement or online account view confirms that you have successfully made the transaction. Online banking sites can also take a while to start up and can be difficult to learn initially as there is no customer’s service available online.
Threats
Identity thief – Hackers could steal your personal information and take money out of your account as well as claiming to be you applying for loans etc.  

1 comment:

  1. I think that banking online is very ebatable. Some interesting points that i hadn't thought of before Gary, thanks for informing me :D

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