How technology has changed banking over the years

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E-banking, online banking, net banking, etc. have completely changed the way banking is done today. 



A method of banking in which the customer conducts transactions electronically via the internet and use internet banking method by his mobile or computer easily in there home known as E-BANKING. In this concepts banking funds are transferred through an exchange of electronics signals rather than through an exchange of cash , checks or other types of paper document and it is done between financial institutions such as banks and credit unions. It is an easy way to get information regarding banks and there updated terms and policies.
AUTOMATED TELLER MACHINE (ATM) is one of the most popular types of e-banking online method to get fund from it.

FEATURES OF E-BANKING; Use zelle , use bank to bank transfer , see your account transaction and history , pay bills without writing cheques , transfer money between your accounts , sign up for paperless statements , set up account alerts and reminders , view images of processed cheque.
E-BANKING is important because now a days businesses rely on efficient and rapid access to banking information for cash statements and immediate review on auditing and daily financial transaction processing and also it offers 24-hours banking options to the customers.

THERE ARE POPULAR SERVICES UNDER E-BANKING IN INDIA ;
ATMs ( Automated teller machine) , Telephone banking , Electronic clearing cards , Smart cards , EFT (Electronic funds transfer) systems , ECS (Electronic clearing services) , Mobile banking , Internet banking , Telebanking , Door-step banking.

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