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What is Internet Banking: Features & Challenges about?

Internet banking, also known as online banking or web banking, allows users to conduct financial transactions over the internet. It offers services like deposits, transfers, bill payments, and account access from anywhere with an internet connection. The main advantages are convenience, 24/7 access, fast transactions, and monitoring accounts for fraudulent activity. However, disadvantages include technology issues if servers go down, security risks if passwords are hacked, lack of complex transaction capabi

Author

maanu124

Language

EN