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now banking has also changed to ebanking. .h h h h Age of IT and Computer Networks. So. Increase in use of internet Mostly everything (communication) connected through internet.
.h In a layman language E-banking means the provision of information about a bank and its services via homepage on World Wide Web (www).
h h h Provide customer access to accounts Ability to move their money between different accounts Making payments and applying for loans online. .
in mobiles ATM s (Automated teller machine) PDA (Personal Digital Assistant) etc.e.h h h h PC s (Personal Computer) WAP(Wireless Application Protocol) i. .
increased number of customers) Easier expansion (Easy access through internet instead) Load reduction Cost reduction (branched.h h h h h h h Convenience for customers Enhanced Image Increased Revenues (cross-selling opportunities. staff etc) E-marketing .
h h h h h Improve customer access Facilitate offering of more services Attract new customers Provide services that is offered by competitors Reduce customer attrition .
h h h h h No wires No worries New customer 24 X 7 available Security(a private key is provided on sim that helps make it a wireless wallet) .