Description:
Banks have generally been in the forefront of harnessing technology to improve their items, administrations and proficiency. They have, over quite a while, been utilizing electronic and media transmission systems for conveying a wide scope of significant worth included items and administrations.
The delivery channels include direct dial – up connections, private networks, public networks etc and the devices include telephone, Personal Computers including the Automated Teller Machines, etc. With the popularity of PCs, easy access to Internet and World Wide Web (WWW), Internet is increasingly used by banks as a channel for receiving instructions and delivering their products and services to their customers.
This form of banking is generally referred to as Internet Banking, although the range of products and services offered by different banks vary widely both in their content and sophistication.