You are here

Internet Banking - Advantages and Disadvantages NetBanking

Internet Banking - Advantages and disadvantages are as follows, It is also known as Internet Banking, So let us find out points on advantages and disadvantages to learn more about Internet Banking.

Some points on Advantages of Internet Banking are as follows:

  1. Internet banking is 24 hours a day and 7 days a week. One can send money any time.
  2. Payment of bills or ticket booking is easy with online banking or net banking.
  3. With Internet banking Fund transfer, loan application can be done within seconds.
  4. One can update contact information as well as can check online statement with NetBanking.
  5. One can check balance and online transactions any time , no need to visit bank.

Some points on Disdvantages of Internet Banking are as follows:

  1. Internet connection is required for NetBanking.
  2. If bank's server is down or internet speed is slow then online transaction is not possible.
  3. One can misuse your account if your password or Pin Id. comes in hand of an unauthorized person.
  4. Basic knowledge of computer and Internet is must in order to use Internet Banking.

 

Tags:

Explore more Information

POS Full Form in Banking

POS : Full Form in Banking , its information and meaning is given below. So let us find out some details on full form of POS used in banking.

The full form of POS in banking is Point of Sale. The term POS is the place where the customer executes payments for the services as well as goods and where the taxes may become payable.

POS can be considered as a combination of devices as well as software that merchants uses often to record and complete sales transaction.

Internet Essay - Advantages and Disadvantages

Internet Essay - Advantages and Disadvantages. There are many advantages in our day to day life of using internet. 

Few disadvantages are also present of using Internet. Internet plays an important role in various activities in this modern world.

Some of the point are given to write complete essay . Check it out an article on  Different Advantages and Disadvantages of Internet to write an essay.

Advantages of internet marketing

Advantages of  Internet marketing - It is also known as online marketing, In order to increase sales of any product using "internet" or web  marketing is done. There are various advantages of this type of useful  "internet marketing" along with online advertising can be done in various ways such as advertising on websites, blogs, email, and many affiliate programs are also available along with it to increase the leads of products and hence higher profit.