In more recent times, it has been transformed by the internet – a new delivery channel that has facilitated banking transactions for both customers and banks
Keywords: E-Banking, Functions, Advantages, Limitations, Traditional banking services E-bank is the electronic bank that provides the financial
Abstract The main objective of this study is to identify Perceived benefits and challenges of e- banking adoption on Ethiopian private commercial banks
institution, which can be a retail or virtual bank, credit union or building society Electronic or online banking is the latest
EMERGING TRENDS IN BANKING CONTENTS 1] Introduction to e- Banking 2] Meaning 3] Features 4] Facets 5] Procedure of e- Banking 6] Advantages PROMPTNESS IN SERVICE: IT INVOLVES PROCESSES WHICH REQUIRE MORE TIME REDUCTION IN PAPER WORK: IT INVOLVES A LOT OF PAPER WORK WHICH INCREASES BOTH TIME COST RISK OF CARRYING CASH: IT INVOLVES RISK OF CARRYING CASH AS A PERSON REQUIRES CASH AT EACH POINT OF TI MEANING: IN THIS RELATIONSHIP B/W BANK CUSTOMER ESTABLISHES THROUGH BRANCH NETWORK
Electronic banking includes delivering financial services using palm pilots, its pensions/ benefits system to require recipients to have bank accounts